This property might be a fair Mid-Term investment with a projected 1.49% first-year return on $113k initial cash invested.
1.49%
Cash On Cash
7.43%
Cap Rate
1.15
DSCR
$5,541
Rent
$141
Cashflow
Cash Flow
$5,541 income − $5,400 expenses = $141 cash flow
Investment Breakdown
|
Purchase Price
$454k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$113k
Downpayment
20%
$90,780
Closing costs
1%
$4,539
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$5,541
Total Expenses
$5,400
Mortgage P&I
44%
$2,446
Property Taxes
16%
$910
Home Insurance
3%
$159
HOA
0%
$0
Property Management
12%
$665
CapEx
4%
$222
Vacancy
3%
$166
Maintenance
4%
$222
Other
11%
$610