This property might be a fair Mid-Term investment with a projected 0.85% first-year return on $105k initial cash invested.
0.85%
Cash On Cash
7.64%
Cap Rate
1.11
DSCR
$4,422
Rent
$74
Cashflow
Cash Flow
$4,422 income − $4,348 expenses = $74 cash flow
Investment Breakdown
|
Purchase Price
$412k
Downpayment
20.0%
Interest Rate
7.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$105k
Downpayment
20%
$82,480
Closing costs
1%
$4,124
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,422
Total Expenses
$4,348
Mortgage P&I
54%
$2,376
Property Taxes
7%
$296
Home Insurance
3%
$147
HOA
1%
$25
Property Management
12%
$531
CapEx
4%
$177
Vacancy
3%
$133
Maintenance
4%
$177
Other
11%
$486