This property might be a fair Mid-Term investment with a projected 3.76% first-year return on $110k initial cash invested.
3.76%
Cash On Cash
7.47%
Cap Rate
1.25
DSCR
$5,176
Rent
$345
Cashflow
Cash Flow
$5,176 income − $4,831 expenses = $345 cash flow
Investment Breakdown
|
Purchase Price
$439k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$110k
Downpayment
20%
$87,700
Closing costs
1%
$4,385
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$5,176
Total Expenses
$4,831
Mortgage P&I
42%
$2,176
Property Taxes
14%
$740
Home Insurance
3%
$156
HOA
0%
$0
Property Management
12%
$621
CapEx
4%
$207
Vacancy
3%
$155
Maintenance
4%
$207
Other
11%
$569