This property might be a fair Mid-Term investment with a projected 3.53% first-year return on $100k initial cash invested.
3.53%
Cash On Cash
7.62%
Cap Rate
1.23
DSCR
$4,257
Rent
$294
Cashflow
Cash Flow
$4,257 income − $3,963 expenses = $294 cash flow
Investment Breakdown
|
Purchase Price
$391k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$100k
Downpayment
20%
$78,160
Closing costs
1%
$3,908
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,257
Total Expenses
$3,963
Mortgage P&I
47%
$2,018
Property Taxes
9%
$362
Home Insurance
3%
$136
HOA
0%
$0
Property Management
12%
$511
CapEx
4%
$170
Vacancy
3%
$128
Maintenance
4%
$170
Other
11%
$468