This property might be a fair Mid-Term investment with a projected 4.46% first-year return on $103k initial cash invested.
4.46%
Cash On Cash
8.22%
Cap Rate
1.28
DSCR
$5,448
Rent
$382
Cashflow
Cash Flow
$5,448 income − $5,066 expenses = $382 cash flow
Investment Breakdown
|
Purchase Price
$404k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$80,700
Closing costs
1%
$4,035
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$5,448
Total Expenses
$5,066
Mortgage P&I
40%
$2,165
Property Taxes
16%
$890
Home Insurance
3%
$144
HOA
0%
$15
Property Management
12%
$654
CapEx
4%
$218
Vacancy
3%
$163
Maintenance
4%
$218
Other
11%
$599