This property might be a fair Mid-Term investment with a projected 1.55% first-year return on $117k initial cash invested.
1.55%
Cash On Cash
7.07%
Cap Rate
1.15
DSCR
$5,343
Rent
$151
Cashflow
Cash Flow
$5,343 income − $5,192 expenses = $151 cash flow
Investment Breakdown
|
Purchase Price
$472k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$117k
Downpayment
20%
$94,420
Closing costs
1%
$4,721
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$5,343
Total Expenses
$5,192
Mortgage P&I
45%
$2,418
Property Taxes
5%
$292
Home Insurance
6%
$340
HOA
6%
$325
Property Management
12%
$641
CapEx
4%
$214
Vacancy
3%
$160
Maintenance
4%
$214
Other
11%
$588