This property might be a fair Mid-Term investment with a projected 1.31% first-year return on $118k initial cash invested.
1.31%
Cash On Cash
7.25%
Cap Rate
1.13
DSCR
$5,055
Rent
$129
Cashflow
Cash Flow
$5,055 income − $4,926 expenses = $129 cash flow
Investment Breakdown
|
Purchase Price
$477k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$118k
Downpayment
20%
$95,360
Closing costs
1%
$4,768
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$5,055
Total Expenses
$4,926
Mortgage P&I
50%
$2,550
Property Taxes
7%
$330
Home Insurance
3%
$172
HOA
3%
$155
Property Management
12%
$607
CapEx
4%
$202
Vacancy
3%
$152
Maintenance
4%
$202
Other
11%
$556