This property might be a fair Mid-Term investment with a projected 1.27% first-year return on $121k initial cash invested.
1.27%
Cash On Cash
7.44%
Cap Rate
1.12
DSCR
$5,064
Rent
$128
Cashflow
Cash Flow
$5,064 income − $4,936 expenses = $128 cash flow
Investment Breakdown
|
Purchase Price
$490k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$121k
Downpayment
20%
$98,000
Closing costs
1%
$4,900
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$5,064
Total Expenses
$4,936
Mortgage P&I
53%
$2,707
Property Taxes
7%
$334
Home Insurance
3%
$172
HOA
0%
$0
Property Management
12%
$608
CapEx
4%
$203
Vacancy
3%
$152
Maintenance
4%
$203
Other
11%
$557