This property might be a fair Mid-Term investment with a projected 0.26% first-year return on $103k initial cash invested.
0.26%
Cash On Cash
7.08%
Cap Rate
1.08
DSCR
$3,904
Rent
$22
Cashflow
Cash Flow
$3,904 income − $3,882 expenses = $22 cash flow
Investment Breakdown
|
Purchase Price
$403k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$80,600
Closing costs
1%
$4,030
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,904
Total Expenses
$3,882
Mortgage P&I
56%
$2,199
Property Taxes
6%
$217
Home Insurance
4%
$140
HOA
0%
$0
Property Management
12%
$468
CapEx
4%
$156
Vacancy
3%
$117
Maintenance
4%
$156
Other
11%
$429