This property might be a fair Mid-Term investment with a projected 1.35% first-year return on $112k initial cash invested.
1.35%
Cash On Cash
7.61%
Cap Rate
1.13
DSCR
$5,289
Rent
$126
Cashflow
Cash Flow
$5,289 income − $5,163 expenses = $126 cash flow
Investment Breakdown
|
Purchase Price
$450k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$112k
Downpayment
20%
$89,920
Closing costs
1%
$4,496
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$5,289
Total Expenses
$5,163
Mortgage P&I
48%
$2,515
Property Taxes
13%
$687
Home Insurance
3%
$161
HOA
0%
$0
Property Management
12%
$635
CapEx
4%
$212
Vacancy
3%
$159
Maintenance
4%
$212
Other
11%
$582