This property might be a fair Mid-Term investment with a projected 0.09% first-year return on $106k initial cash invested.
0.09%
Cash On Cash
6.53%
Cap Rate
1.08
DSCR
$4,120
Rent
$8
Cashflow
Cash Flow
$4,120 income − $4,112 expenses = $8 cash flow
Investment Breakdown
|
Purchase Price
$417k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$106k
Downpayment
20%
$83,360
Closing costs
1%
$4,168
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,120
Total Expenses
$4,112
Mortgage P&I
51%
$2,094
Property Taxes
10%
$420
Home Insurance
4%
$147
HOA
1%
$50
Property Management
12%
$494
CapEx
4%
$165
Vacancy
3%
$124
Maintenance
4%
$165
Other
11%
$453