This property might be a fair Mid-Term investment with a projected 3.17% first-year return on $101k initial cash invested.
3.17%
Cash On Cash
7.87%
Cap Rate
1.21
DSCR
$4,510
Rent
$268
Cashflow
Cash Flow
$4,510 income − $4,242 expenses = $268 cash flow
Investment Breakdown
|
Purchase Price
$397k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$101k
Downpayment
20%
$79,400
Closing costs
1%
$3,970
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,510
Total Expenses
$4,242
Mortgage P&I
48%
$2,157
Property Taxes
9%
$413
Home Insurance
3%
$140
HOA
0%
$0
Property Management
12%
$541
CapEx
4%
$180
Vacancy
3%
$135
Maintenance
4%
$180
Other
11%
$496