This property might be a fair Mid-Term investment with a projected 2.71% first-year return on $111k initial cash invested.
2.71%
Cash On Cash
7.85%
Cap Rate
1.19
DSCR
$5,247
Rent
$251
Cashflow
Cash Flow
$5,247 income − $4,996 expenses = $251 cash flow
Investment Breakdown
|
Purchase Price
$444k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$111k
Downpayment
20%
$88,720
Closing costs
1%
$4,436
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$5,247
Total Expenses
$4,996
Mortgage P&I
47%
$2,440
Property Taxes
12%
$614
Home Insurance
3%
$158
HOA
0%
$0
Property Management
12%
$630
CapEx
4%
$210
Vacancy
3%
$157
Maintenance
4%
$210
Other
11%
$577