This property might be a fair Mid-Term investment with a projected 0.75% first-year return on $108k initial cash invested.
0.75%
Cash On Cash
7.36%
Cap Rate
1.1
DSCR
$4,462
Rent
$68
Cashflow
Cash Flow
$4,462 income − $4,394 expenses = $68 cash flow
Investment Breakdown
|
Purchase Price
$430k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$108k
Downpayment
20%
$86,000
Closing costs
1%
$4,300
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,462
Total Expenses
$4,394
Mortgage P&I
54%
$2,392
Property Taxes
8%
$336
Home Insurance
3%
$150
HOA
0%
$0
Property Management
12%
$535
CapEx
4%
$178
Vacancy
3%
$134
Maintenance
4%
$178
Other
11%
$491