This property might be a fair Mid-Term investment with a projected 0.19% first-year return on $110k initial cash invested.
0.19%
Cash On Cash
7.24%
Cap Rate
1.08
DSCR
$4,338
Rent
$17
Cashflow
Cash Flow
$4,338 income − $4,321 expenses = $17 cash flow
Investment Breakdown
|
Purchase Price
$439k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$110k
Downpayment
20%
$87,700
Closing costs
1%
$4,385
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,338
Total Expenses
$4,321
Mortgage P&I
57%
$2,453
Property Taxes
5%
$238
Home Insurance
4%
$154
HOA
0%
$0
Property Management
12%
$521
CapEx
4%
$174
Vacancy
3%
$130
Maintenance
4%
$174
Other
11%
$477