This property might be a fair Mid-Term investment with a projected 5.2% first-year return on $100k initial cash invested.
5.2%
Cash On Cash
8.61%
Cap Rate
1.29
DSCR
$5,040
Rent
$434
Cashflow
Cash Flow
$5,040 income − $4,606 expenses = $434 cash flow
Investment Breakdown
|
Purchase Price
$392k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$100k
Downpayment
20%
$78,300
Closing costs
1%
$3,915
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$5,040
Total Expenses
$4,606
Mortgage P&I
43%
$2,172
Property Taxes
12%
$582
Home Insurance
3%
$138
HOA
0%
$0
Property Management
12%
$605
CapEx
4%
$202
Vacancy
3%
$151
Maintenance
4%
$202
Other
11%
$554