This property might be a fair Mid-Term investment with a projected 1.37% first-year return on $113k initial cash invested.
1.37%
Cash On Cash
7.52%
Cap Rate
1.14
DSCR
$5,300
Rent
$128
Cashflow
Cash Flow
$5,300 income − $5,172 expenses = $128 cash flow
Investment Breakdown
|
Purchase Price
$450k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$113k
Downpayment
20%
$90,000
Closing costs
1%
$4,500
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$5,300
Total Expenses
$5,172
Mortgage P&I
47%
$2,480
Property Taxes
14%
$732
Home Insurance
3%
$158
HOA
0%
$0
Property Management
12%
$636
CapEx
4%
$212
Vacancy
3%
$159
Maintenance
4%
$212
Other
11%
$583