This property might be a fair Mid-Term investment with a projected 0.65% first-year return on $117k initial cash invested.
0.65%
Cash On Cash
6.99%
Cap Rate
1.1
DSCR
$4,858
Rent
$63
Cashflow
Cash Flow
$4,858 income − $4,795 expenses = $63 cash flow
Investment Breakdown
|
Purchase Price
$471k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$117k
Downpayment
20%
$94,120
Closing costs
1%
$4,706
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,858
Total Expenses
$4,795
Mortgage P&I
51%
$2,485
Property Taxes
10%
$491
Home Insurance
3%
$168
HOA
0%
$0
Property Management
12%
$583
CapEx
4%
$194
Vacancy
3%
$146
Maintenance
4%
$194
Other
11%
$534