This property might be a fair Mid-Term investment with a projected 3.39% first-year return on $109k initial cash invested.
3.39%
Cash On Cash
8.01%
Cap Rate
1.23
DSCR
$5,704
Rent
$307
Cashflow
Cash Flow
$5,704 income − $5,397 expenses = $307 cash flow
Investment Breakdown
|
Purchase Price
$431k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$109k
Downpayment
20%
$86,260
Closing costs
1%
$4,313
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$5,704
Total Expenses
$5,397
Mortgage P&I
41%
$2,345
Property Taxes
17%
$960
Home Insurance
3%
$154
HOA
0%
$0
Property Management
12%
$684
CapEx
4%
$228
Vacancy
3%
$171
Maintenance
4%
$228
Other
11%
$627