This property might be a fair Mid-Term investment with a projected 1.46% first-year return on $119k initial cash invested.
1.46%
Cash On Cash
7.31%
Cap Rate
1.14
DSCR
$5,188
Rent
$145
Cashflow
Cash Flow
$5,188 income − $5,043 expenses = $145 cash flow
Investment Breakdown
|
Purchase Price
$480k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$119k
Downpayment
20%
$96,060
Closing costs
1%
$4,803
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$5,188
Total Expenses
$5,043
Mortgage P&I
50%
$2,571
Property Taxes
10%
$534
Home Insurance
3%
$172
HOA
0%
$0
Property Management
12%
$623
CapEx
4%
$208
Vacancy
3%
$156
Maintenance
4%
$208
Other
11%
$571