This property might be a fair Mid-Term investment with a projected 0.33% first-year return on $114k initial cash invested.
0.33%
Cash On Cash
6.76%
Cap Rate
1.09
DSCR
$4,570
Rent
$31
Cashflow
Cash Flow
$4,570 income − $4,539 expenses = $31 cash flow
Investment Breakdown
|
Purchase Price
$459k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$114k
Downpayment
20%
$91,700
Closing costs
1%
$4,585
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,570
Total Expenses
$4,539
Mortgage P&I
52%
$2,369
Property Taxes
10%
$450
Home Insurance
4%
$166
HOA
0%
$0
Property Management
12%
$548
CapEx
4%
$183
Vacancy
3%
$137
Maintenance
4%
$183
Other
11%
$503