This property might be a fair Mid-Term investment with a projected 2.17% first-year return on $108k initial cash invested.
2.17%
Cash On Cash
7.11%
Cap Rate
1.17
DSCR
$4,232
Rent
$194
Cashflow
Cash Flow
$4,232 income − $4,038 expenses = $194 cash flow
Investment Breakdown
|
Purchase Price
$426k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$108k
Downpayment
20%
$85,240
Closing costs
1%
$4,262
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,232
Total Expenses
$4,038
Mortgage P&I
51%
$2,161
Property Taxes
7%
$282
Home Insurance
4%
$156
HOA
0%
$0
Property Management
12%
$508
CapEx
4%
$169
Vacancy
3%
$127
Maintenance
4%
$169
Other
11%
$466