This property might be a fair Mid-Term investment with a projected 0.21% first-year return on $118k initial cash invested.
0.21%
Cash On Cash
7.08%
Cap Rate
1.08
DSCR
$4,818
Rent
$21
Cashflow
Cash Flow
$4,818 income − $4,797 expenses = $21 cash flow
Investment Breakdown
|
Purchase Price
$475k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$118k
Downpayment
20%
$95,080
Closing costs
1%
$4,754
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,818
Total Expenses
$4,797
Mortgage P&I
54%
$2,589
Property Taxes
8%
$396
Home Insurance
4%
$173
HOA
0%
$0
Property Management
12%
$578
CapEx
4%
$193
Vacancy
3%
$145
Maintenance
4%
$193
Other
11%
$530