This property might be a fair Mid-Term investment with a projected 1.03% first-year return on $102k initial cash invested.
1.03%
Cash On Cash
6.91%
Cap Rate
1.12
DSCR
$4,047
Rent
$88
Cashflow
Cash Flow
$4,047 income − $3,959 expenses = $88 cash flow
Investment Breakdown
|
Purchase Price
$402k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$102k
Downpayment
20%
$80,420
Closing costs
1%
$4,021
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,047
Total Expenses
$3,959
Mortgage P&I
51%
$2,067
Property Taxes
9%
$376
Home Insurance
3%
$140
HOA
0%
$0
Property Management
12%
$486
CapEx
4%
$162
Vacancy
3%
$121
Maintenance
4%
$162
Other
11%
$445