This property might be a fair Mid-Term investment with a projected 1.91% first-year return on $101k initial cash invested.
1.91%
Cash On Cash
7.01%
Cap Rate
1.17
DSCR
$4,192
Rent
$161
Cashflow
Cash Flow
$4,192 income − $4,031 expenses = $161 cash flow
Investment Breakdown
|
Purchase Price
$395k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$101k
Downpayment
20%
$79,000
Closing costs
1%
$3,950
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,192
Total Expenses
$4,031
Mortgage P&I
47%
$1,978
Property Taxes
9%
$397
Home Insurance
3%
$140
HOA
2%
$90
Property Management
12%
$503
CapEx
4%
$168
Vacancy
3%
$126
Maintenance
4%
$168
Other
11%
$461