This property might be a fair Mid-Term investment with a projected 5.79% first-year return on $104k initial cash invested.
5.79%
Cash On Cash
8.6%
Cap Rate
1.31
DSCR
$4,959
Rent
$504
Cashflow
Cash Flow
$4,959 income − $4,455 expenses = $504 cash flow
Investment Breakdown
|
Purchase Price
$411k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$104k
Downpayment
20%
$82,280
Closing costs
1%
$4,114
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,959
Total Expenses
$4,455
Mortgage P&I
45%
$2,247
Property Taxes
8%
$378
Home Insurance
3%
$145
HOA
0%
$0
Property Management
12%
$595
CapEx
4%
$198
Vacancy
3%
$149
Maintenance
4%
$198
Other
11%
$545