This property might be a fair Mid-Term investment with a projected 9.72% first-year return on $113k initial cash invested.
9.72%
Cash On Cash
9.14%
Cap Rate
1.49
DSCR
$5,378
Rent
$911
Cashflow
Cash Flow
$5,378 income − $4,467 expenses = $911 cash flow
Investment Breakdown
|
Purchase Price
$450k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$113k
Downpayment
20%
$90,000
Closing costs
1%
$4,500
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$5,378
Total Expenses
$4,467
Mortgage P&I
43%
$2,302
Property Taxes
3%
$179
Home Insurance
3%
$158
HOA
0%
$0
Property Management
12%
$645
CapEx
4%
$215
Vacancy
3%
$161
Maintenance
4%
$215
Other
11%
$592