This property might be a fair Mid-Term investment with a projected 0.17% first-year return on $106k initial cash invested.
0.17%
Cash On Cash
6.83%
Cap Rate
1.08
DSCR
$3,956
Rent
$15
Cashflow
Cash Flow
$3,956 income − $3,941 expenses = $15 cash flow
Investment Breakdown
|
Purchase Price
$421k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$106k
Downpayment
20%
$84,120
Closing costs
1%
$4,206
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,956
Total Expenses
$3,941
Mortgage P&I
56%
$2,222
Property Taxes
6%
$220
Home Insurance
4%
$154
HOA
0%
$0
Property Management
12%
$475
CapEx
4%
$158
Vacancy
3%
$119
Maintenance
4%
$158
Other
11%
$435