This property might be a fair Mid-Term investment with a projected 4.67% first-year return on $100k initial cash invested.
4.67%
Cash On Cash
7.88%
Cap Rate
1.29
DSCR
$4,626
Rent
$391
Cashflow
Cash Flow
$4,626 income − $4,235 expenses = $391 cash flow
Investment Breakdown
|
Purchase Price
$393k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$100k
Downpayment
20%
$78,560
Closing costs
1%
$3,928
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,626
Total Expenses
$4,235
Mortgage P&I
43%
$2,003
Property Taxes
11%
$523
Home Insurance
3%
$136
HOA
0%
$0
Property Management
12%
$555
CapEx
4%
$185
Vacancy
3%
$139
Maintenance
4%
$185
Other
11%
$509