This property might be a fair Mid-Term investment with a projected 0.02% first-year return on $102k initial cash invested.
0.02%
Cash On Cash
6.59%
Cap Rate
1.08
DSCR
$4,036
Rent
$2
Cashflow
Cash Flow
$4,036 income − $4,034 expenses = $2 cash flow
Investment Breakdown
|
Purchase Price
$402k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$102k
Downpayment
20%
$80,460
Closing costs
1%
$4,023
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,036
Total Expenses
$4,034
Mortgage P&I
51%
$2,045
Property Taxes
12%
$475
Home Insurance
4%
$143
HOA
0%
$0
Property Management
12%
$484
CapEx
4%
$161
Vacancy
3%
$121
Maintenance
4%
$161
Other
11%
$444