This property might be a fair Mid-Term investment with a projected 0.01% first-year return on $117k initial cash invested.
0.01%
Cash On Cash
6.63%
Cap Rate
1.08
DSCR
$5,016
Rent
$1
Cashflow
Cash Flow
$5,016 income − $5,015 expenses = $1 cash flow
Investment Breakdown
|
Purchase Price
$471k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$117k
Downpayment
20%
$94,100
Closing costs
1%
$4,705
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$5,016
Total Expenses
$5,015
Mortgage P&I
48%
$2,396
Property Taxes
15%
$749
Home Insurance
3%
$164
HOA
0%
$0
Property Management
12%
$602
CapEx
4%
$201
Vacancy
3%
$150
Maintenance
4%
$201
Other
11%
$552