This property might be a fair Mid-Term investment with a projected 0.64% first-year return on $105k initial cash invested.
0.64%
Cash On Cash
7.11%
Cap Rate
1.1
DSCR
$4,456
Rent
$56
Cashflow
Cash Flow
$4,456 income − $4,400 expenses = $56 cash flow
Investment Breakdown
|
Purchase Price
$416k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$105k
Downpayment
20%
$83,240
Closing costs
1%
$4,162
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,456
Total Expenses
$4,400
Mortgage P&I
50%
$2,232
Property Taxes
8%
$350
Home Insurance
4%
$157
HOA
3%
$146
Property Management
12%
$535
CapEx
4%
$178
Vacancy
3%
$134
Maintenance
4%
$178
Other
11%
$490