This property might be a fair Mid-Term investment with a projected 3.06% first-year return on $100k initial cash invested.
3.06%
Cash On Cash
7.42%
Cap Rate
1.21
DSCR
$4,292
Rent
$256
Cashflow
Cash Flow
$4,292 income − $4,036 expenses = $256 cash flow
Investment Breakdown
|
Purchase Price
$392k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$100k
Downpayment
20%
$78,360
Closing costs
1%
$3,918
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,292
Total Expenses
$4,036
Mortgage P&I
46%
$1,995
Property Taxes
10%
$441
Home Insurance
3%
$140
HOA
0%
$0
Property Management
12%
$515
CapEx
4%
$172
Vacancy
3%
$129
Maintenance
4%
$172
Other
11%
$472