This property might be a fair Mid-Term investment with a projected 1.54% first-year return on $104k initial cash invested.
1.54%
Cash On Cash
7.42%
Cap Rate
1.14
DSCR
$4,644
Rent
$134
Cashflow
Cash Flow
$4,644 income − $4,510 expenses = $134 cash flow
Investment Breakdown
|
Purchase Price
$410k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$104k
Downpayment
20%
$82,000
Closing costs
1%
$4,100
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,644
Total Expenses
$4,510
Mortgage P&I
48%
$2,215
Property Taxes
12%
$572
Home Insurance
3%
$144
HOA
0%
$0
Property Management
12%
$557
CapEx
4%
$186
Vacancy
3%
$139
Maintenance
4%
$186
Other
11%
$511