This property might be a fair Mid-Term investment with a projected 1.56% first-year return on $114k initial cash invested.
1.56%
Cash On Cash
7.15%
Cap Rate
1.15
DSCR
$5,202
Rent
$148
Cashflow
Cash Flow
$5,202 income − $5,054 expenses = $148 cash flow
Investment Breakdown
|
Purchase Price
$456k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$114k
Downpayment
20%
$91,200
Closing costs
1%
$4,560
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$5,202
Total Expenses
$5,054
Mortgage P&I
45%
$2,362
Property Taxes
15%
$766
Home Insurance
3%
$158
HOA
0%
$0
Property Management
12%
$624
CapEx
4%
$208
Vacancy
3%
$156
Maintenance
4%
$208
Other
11%
$572