This property might be a fair Mid-Term investment with a projected 0.47% first-year return on $116k initial cash invested.
0.47%
Cash On Cash
7.05%
Cap Rate
1.09
DSCR
$4,530
Rent
$45
Cashflow
Cash Flow
$4,530 income − $4,485 expenses = $45 cash flow
Investment Breakdown
|
Purchase Price
$467k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$116k
Downpayment
20%
$93,400
Closing costs
1%
$4,670
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,530
Total Expenses
$4,485
Mortgage P&I
56%
$2,516
Property Taxes
6%
$261
Home Insurance
4%
$168
HOA
0%
$0
Property Management
12%
$544
CapEx
4%
$181
Vacancy
3%
$136
Maintenance
4%
$181
Other
11%
$498