This property might be a fair Mid-Term investment with a projected 3.39% first-year return on $107k initial cash invested.
3.39%
Cash On Cash
7.61%
Cap Rate
1.22
DSCR
$4,743
Rent
$303
Cashflow
Cash Flow
$4,743 income − $4,440 expenses = $303 cash flow
Investment Breakdown
|
Purchase Price
$425k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$107k
Downpayment
20%
$85,000
Closing costs
1%
$4,250
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,743
Total Expenses
$4,440
Mortgage P&I
46%
$2,201
Property Taxes
10%
$477
Home Insurance
3%
$149
HOA
0%
$0
Property Management
12%
$569
CapEx
4%
$190
Vacancy
3%
$142
Maintenance
4%
$190
Other
11%
$522