This property might be a fair Mid-Term investment with a projected 1.57% first-year return on $107k initial cash invested.
1.57%
Cash On Cash
6.91%
Cap Rate
1.15
DSCR
$4,336
Rent
$140
Cashflow
Cash Flow
$4,336 income − $4,196 expenses = $140 cash flow
Investment Breakdown
|
Purchase Price
$424k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$107k
Downpayment
20%
$84,840
Closing costs
1%
$4,242
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,336
Total Expenses
$4,196
Mortgage P&I
49%
$2,131
Property Taxes
10%
$443
Home Insurance
3%
$149
HOA
0%
$0
Property Management
12%
$520
CapEx
4%
$173
Vacancy
3%
$130
Maintenance
4%
$173
Other
11%
$477