This property might be a fair Mid-Term investment with a projected 1.78% first-year return on $114k initial cash invested.
1.78%
Cash On Cash
7.46%
Cap Rate
1.15
DSCR
$4,743
Rent
$169
Cashflow
Cash Flow
$4,743 income − $4,574 expenses = $169 cash flow
Investment Breakdown
|
Purchase Price
$456k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$114k
Downpayment
20%
$91,180
Closing costs
1%
$4,559
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,743
Total Expenses
$4,574
Mortgage P&I
52%
$2,474
Property Taxes
8%
$365
Home Insurance
3%
$122
HOA
0%
$0
Property Management
12%
$569
CapEx
4%
$190
Vacancy
3%
$142
Maintenance
4%
$190
Other
11%
$522