This property might be a fair Mid-Term investment with a projected 4.48% first-year return on $101k initial cash invested.
4.48%
Cash On Cash
7.85%
Cap Rate
1.27
DSCR
$4,418
Rent
$379
Cashflow
Cash Flow
$4,418 income − $4,039 expenses = $379 cash flow
Investment Breakdown
|
Purchase Price
$397k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$101k
Downpayment
20%
$79,460
Closing costs
1%
$3,973
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,418
Total Expenses
$4,039
Mortgage P&I
46%
$2,043
Property Taxes
8%
$353
Home Insurance
3%
$140
HOA
0%
$0
Property Management
12%
$530
CapEx
4%
$177
Vacancy
3%
$133
Maintenance
4%
$177
Other
11%
$486