This property might be a fair Mid-Term investment with a projected 0.83% first-year return on $104k initial cash invested.
0.83%
Cash On Cash
7.29%
Cap Rate
1.11
DSCR
$4,323
Rent
$72
Cashflow
Cash Flow
$4,323 income − $4,251 expenses = $72 cash flow
Investment Breakdown
|
Purchase Price
$408k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$104k
Downpayment
20%
$81,540
Closing costs
1%
$4,077
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,323
Total Expenses
$4,251
Mortgage P&I
52%
$2,233
Property Taxes
9%
$407
Home Insurance
3%
$140
HOA
0%
$0
Property Management
12%
$519
CapEx
4%
$173
Vacancy
3%
$130
Maintenance
4%
$173
Other
11%
$476