This property might be a fair Mid-Term investment with a projected 4.97% first-year return on $108k initial cash invested.
4.97%
Cash On Cash
8.37%
Cap Rate
1.27
DSCR
$4,520
Rent
$449
Cashflow
Cash Flow
$4,520 income − $4,071 expenses = $449 cash flow
Investment Breakdown
|
Purchase Price
$430k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$108k
Downpayment
20%
$86,060
Closing costs
1%
$4,303
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,520
Total Expenses
$4,071
Mortgage P&I
52%
$2,370
Property Taxes
0%
$10
Home Insurance
3%
$154
HOA
0%
$0
Property Management
12%
$542
CapEx
4%
$181
Vacancy
3%
$136
Maintenance
4%
$181
Other
11%
$497