This property might be a fair Mid-Term investment with a projected 1.77% first-year return on $104k initial cash invested.
1.77%
Cash On Cash
7.45%
Cap Rate
1.15
DSCR
$4,322
Rent
$154
Cashflow
Cash Flow
$4,322 income − $4,168 expenses = $154 cash flow
Investment Breakdown
|
Purchase Price
$411k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$104k
Downpayment
20%
$82,180
Closing costs
1%
$4,109
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,322
Total Expenses
$4,168
Mortgage P&I
51%
$2,224
Property Taxes
7%
$301
Home Insurance
4%
$173
HOA
0%
$0
Property Management
12%
$519
CapEx
4%
$173
Vacancy
3%
$130
Maintenance
4%
$173
Other
11%
$475