This property might be a fair Mid-Term investment with a projected 1.94% first-year return on $112k initial cash invested.
1.94%
Cash On Cash
7.58%
Cap Rate
1.15
DSCR
$4,796
Rent
$181
Cashflow
Cash Flow
$4,796 income − $4,615 expenses = $181 cash flow
Investment Breakdown
|
Purchase Price
$447k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$112k
Downpayment
20%
$89,340
Closing costs
1%
$4,467
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,796
Total Expenses
$4,615
Mortgage P&I
51%
$2,449
Property Taxes
8%
$385
Home Insurance
3%
$149
HOA
0%
$0
Property Management
12%
$576
CapEx
4%
$192
Vacancy
3%
$144
Maintenance
4%
$192
Other
11%
$528