This property might be a fair Mid-Term investment with a projected 0.57% first-year return on $103k initial cash invested.
0.57%
Cash On Cash
7.01%
Cap Rate
1.09
DSCR
$3,746
Rent
$49
Cashflow
Cash Flow
$3,746 income − $3,697 expenses = $49 cash flow
Investment Breakdown
|
Purchase Price
$405k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$81,000
Closing costs
1%
$4,050
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,746
Total Expenses
$3,697
Mortgage P&I
58%
$2,166
Property Taxes
3%
$115
Home Insurance
4%
$142
HOA
0%
$0
Property Management
12%
$450
CapEx
4%
$150
Vacancy
3%
$112
Maintenance
4%
$150
Other
11%
$412