This property might be a fair Mid-Term investment with a projected 5.79% first-year return on $102k initial cash invested.
5.79%
Cash On Cash
8.17%
Cap Rate
1.34
DSCR
$4,814
Rent
$494
Cashflow
Cash Flow
$4,814 income − $4,320 expenses = $494 cash flow
Investment Breakdown
|
Purchase Price
$402k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$102k
Downpayment
20%
$80,400
Closing costs
1%
$4,020
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,814
Total Expenses
$4,320
Mortgage P&I
43%
$2,050
Property Taxes
10%
$492
Home Insurance
3%
$140
HOA
0%
$0
Property Management
12%
$578
CapEx
4%
$193
Vacancy
3%
$144
Maintenance
4%
$193
Other
11%
$530