This property might be a fair Mid-Term investment with a projected 4.88% first-year return on $107k initial cash invested.
4.88%
Cash On Cash
8.16%
Cap Rate
1.28
DSCR
$5,062
Rent
$434
Cashflow
Cash Flow
$5,062 income − $4,628 expenses = $434 cash flow
Investment Breakdown
|
Purchase Price
$422k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$107k
Downpayment
20%
$84,480
Closing costs
1%
$4,224
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$5,062
Total Expenses
$4,628
Mortgage P&I
44%
$2,237
Property Taxes
10%
$524
Home Insurance
3%
$147
HOA
0%
$0
Property Management
12%
$607
CapEx
4%
$202
Vacancy
3%
$152
Maintenance
4%
$202
Other
11%
$557