This property might be a fair Mid-Term investment with a projected 0.5% first-year return on $105k initial cash invested.
0.5%
Cash On Cash
6.85%
Cap Rate
1.09
DSCR
$3,678
Rent
$44
Cashflow
Cash Flow
$3,678 income − $3,634 expenses = $44 cash flow
Investment Breakdown
|
Purchase Price
$412k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$105k
Downpayment
20%
$82,440
Closing costs
1%
$4,122
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,678
Total Expenses
$3,634
Mortgage P&I
59%
$2,161
Property Taxes
2%
$76
Home Insurance
4%
$147
HOA
0%
$0
Property Management
12%
$441
CapEx
4%
$147
Vacancy
3%
$110
Maintenance
4%
$147
Other
11%
$405