This property might be a fair Mid-Term investment with a projected 1.76% first-year return on $110k initial cash invested.
1.76%
Cash On Cash
7.13%
Cap Rate
1.15
DSCR
$4,484
Rent
$161
Cashflow
Cash Flow
$4,484 income − $4,323 expenses = $161 cash flow
Investment Breakdown
|
Purchase Price
$436k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$110k
Downpayment
20%
$87,260
Closing costs
1%
$4,363
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,484
Total Expenses
$4,323
Mortgage P&I
50%
$2,252
Property Taxes
9%
$389
Home Insurance
4%
$158
HOA
0%
$0
Property Management
12%
$538
CapEx
4%
$179
Vacancy
3%
$135
Maintenance
4%
$179
Other
11%
$493