This property might be a fair Mid-Term investment with a projected 3.11% first-year return on $107k initial cash invested.
3.11%
Cash On Cash
7.67%
Cap Rate
1.2
DSCR
$4,528
Rent
$278
Cashflow
Cash Flow
$4,528 income − $4,250 expenses = $278 cash flow
Investment Breakdown
|
Purchase Price
$425k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$107k
Downpayment
20%
$85,000
Closing costs
1%
$4,250
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,528
Total Expenses
$4,250
Mortgage P&I
50%
$2,258
Property Taxes
7%
$304
Home Insurance
3%
$149
HOA
0%
$0
Property Management
12%
$543
CapEx
4%
$181
Vacancy
3%
$136
Maintenance
4%
$181
Other
11%
$498