This property might be a fair Mid-Term investment with a projected 7.12% first-year return on $102k initial cash invested.
7.12%
Cash On Cash
9%
Cap Rate
1.36
DSCR
$4,653
Rent
$606
Cashflow
Cash Flow
$4,653 income − $4,047 expenses = $606 cash flow
Investment Breakdown
|
Purchase Price
$401k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$102k
Downpayment
20%
$80,100
Closing costs
1%
$4,005
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,653
Total Expenses
$4,047
Mortgage P&I
48%
$2,213
Property Taxes
2%
$107
Home Insurance
3%
$145
HOA
0%
$0
Property Management
12%
$558
CapEx
4%
$186
Vacancy
3%
$140
Maintenance
4%
$186
Other
11%
$512