This property might be a fair Mid-Term investment with a projected 1.47% first-year return on $114k initial cash invested.
1.47%
Cash On Cash
7.28%
Cap Rate
1.14
DSCR
$5,020
Rent
$139
Cashflow
Cash Flow
$5,020 income − $4,881 expenses = $139 cash flow
Investment Breakdown
|
Purchase Price
$456k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$114k
Downpayment
20%
$91,260
Closing costs
1%
$4,563
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$5,020
Total Expenses
$4,881
Mortgage P&I
48%
$2,428
Property Taxes
11%
$558
Home Insurance
4%
$184
HOA
0%
$4
Property Management
12%
$602
CapEx
4%
$201
Vacancy
3%
$151
Maintenance
4%
$201
Other
11%
$552