This property might be a fair Mid-Term investment with a projected 0.66% first-year return on $105k initial cash invested.
0.66%
Cash On Cash
7.01%
Cap Rate
1.11
DSCR
$4,666
Rent
$58
Cashflow
Cash Flow
$4,666 income − $4,608 expenses = $58 cash flow
Investment Breakdown
|
Purchase Price
$416k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$105k
Downpayment
20%
$83,120
Closing costs
1%
$4,156
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,666
Total Expenses
$4,608
Mortgage P&I
47%
$2,182
Property Taxes
15%
$694
Home Insurance
3%
$145
HOA
0%
$0
Property Management
12%
$560
CapEx
4%
$187
Vacancy
3%
$140
Maintenance
4%
$187
Other
11%
$513