This property might be a fair Mid-Term investment with a projected 4.14% first-year return on $112k initial cash invested.
4.14%
Cash On Cash
8.36%
Cap Rate
1.24
DSCR
$5,434
Rent
$386
Cashflow
Cash Flow
$5,434 income − $5,048 expenses = $386 cash flow
Investment Breakdown
|
Purchase Price
$447k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$112k
Downpayment
20%
$89,360
Closing costs
1%
$4,468
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$5,434
Total Expenses
$5,048
Mortgage P&I
46%
$2,511
Property Taxes
10%
$532
Home Insurance
3%
$158
HOA
0%
$0
Property Management
12%
$652
CapEx
4%
$217
Vacancy
3%
$163
Maintenance
4%
$217
Other
11%
$598