This property might be a fair Mid-Term investment with a projected 0.83% first-year return on $118k initial cash invested.
0.83%
Cash On Cash
7.09%
Cap Rate
1.11
DSCR
$4,838
Rent
$81
Cashflow
Cash Flow
$4,838 income − $4,757 expenses = $81 cash flow
Investment Breakdown
|
Purchase Price
$475k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$118k
Downpayment
20%
$95,000
Closing costs
1%
$4,750
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,838
Total Expenses
$4,757
Mortgage P&I
52%
$2,533
Property Taxes
9%
$412
Home Insurance
3%
$166
HOA
0%
$0
Property Management
12%
$581
CapEx
4%
$194
Vacancy
3%
$145
Maintenance
4%
$194
Other
11%
$532