This property might be a fair Mid-Term investment with a projected 3.5% first-year return on $102k initial cash invested.
3.5%
Cash On Cash
7.61%
Cap Rate
1.23
DSCR
$4,470
Rent
$298
Cashflow
Cash Flow
$4,470 income − $4,172 expenses = $298 cash flow
Investment Breakdown
|
Purchase Price
$401k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$102k
Downpayment
20%
$80,180
Closing costs
1%
$4,009
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,470
Total Expenses
$4,172
Mortgage P&I
46%
$2,067
Property Taxes
10%
$452
Home Insurance
3%
$133
HOA
0%
$0
Property Management
12%
$536
CapEx
4%
$179
Vacancy
3%
$134
Maintenance
4%
$179
Other
11%
$492