This property might be a fair Mid-Term investment with a projected 0.58% first-year return on $116k initial cash invested.
0.58%
Cash On Cash
6.84%
Cap Rate
1.1
DSCR
$4,544
Rent
$56
Cashflow
Cash Flow
$4,544 income − $4,488 expenses = $56 cash flow
Investment Breakdown
|
Purchase Price
$468k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$116k
Downpayment
20%
$93,680
Closing costs
1%
$4,684
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,544
Total Expenses
$4,488
Mortgage P&I
54%
$2,433
Property Taxes
6%
$255
Home Insurance
4%
$170
HOA
2%
$85
Property Management
12%
$545
CapEx
4%
$182
Vacancy
3%
$136
Maintenance
4%
$182
Other
11%
$500