This property might be a fair Mid-Term investment with a projected 1.35% first-year return on $100k initial cash invested.
1.35%
Cash On Cash
7.4%
Cap Rate
1.13
DSCR
$4,272
Rent
$113
Cashflow
Cash Flow
$4,272 income − $4,159 expenses = $113 cash flow
Investment Breakdown
|
Purchase Price
$393k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$100k
Downpayment
20%
$78,500
Closing costs
1%
$3,925
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,272
Total Expenses
$4,159
Mortgage P&I
50%
$2,138
Property Taxes
10%
$414
Home Insurance
3%
$142
HOA
0%
$12
Property Management
12%
$513
CapEx
4%
$171
Vacancy
3%
$128
Maintenance
4%
$171
Other
11%
$470