This property might be a fair Mid-Term investment with a projected 5.38% first-year return on $108k initial cash invested.
5.38%
Cash On Cash
8.04%
Cap Rate
1.32
DSCR
$5,228
Rent
$486
Cashflow
Cash Flow
$5,228 income − $4,742 expenses = $486 cash flow
Investment Breakdown
|
Purchase Price
$430k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$108k
Downpayment
20%
$86,040
Closing costs
1%
$4,302
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$5,228
Total Expenses
$4,742
Mortgage P&I
42%
$2,187
Property Taxes
10%
$539
Home Insurance
3%
$164
HOA
1%
$75
Property Management
12%
$627
CapEx
4%
$209
Vacancy
3%
$157
Maintenance
4%
$209
Other
11%
$575