This property might be a fair Mid-Term investment with a projected 0.66% first-year return on $104k initial cash invested.
0.66%
Cash On Cash
6.98%
Cap Rate
1.1
DSCR
$4,026
Rent
$57
Cashflow
Cash Flow
$4,026 income − $3,969 expenses = $57 cash flow
Investment Breakdown
|
Purchase Price
$411k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$104k
Downpayment
20%
$82,140
Closing costs
1%
$4,107
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,026
Total Expenses
$3,969
Mortgage P&I
54%
$2,170
Property Taxes
7%
$272
Home Insurance
4%
$158
HOA
0%
$0
Property Management
12%
$483
CapEx
4%
$161
Vacancy
3%
$121
Maintenance
4%
$161
Other
11%
$443