This property might be a fair Mid-Term investment with a projected 0.92% first-year return on $108k initial cash invested.
0.92%
Cash On Cash
7.1%
Cap Rate
1.11
DSCR
$4,272
Rent
$83
Cashflow
Cash Flow
$4,272 income − $4,189 expenses = $83 cash flow
Investment Breakdown
|
Purchase Price
$429k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$108k
Downpayment
20%
$85,780
Closing costs
1%
$4,289
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,272
Total Expenses
$4,189
Mortgage P&I
53%
$2,282
Property Taxes
5%
$210
Home Insurance
4%
$154
HOA
2%
$90
Property Management
12%
$513
CapEx
4%
$171
Vacancy
3%
$128
Maintenance
4%
$171
Other
11%
$470