This property might be a fair Mid-Term investment with a projected 0.46% first-year return on $118k initial cash invested.
0.46%
Cash On Cash
6.68%
Cap Rate
1.09
DSCR
$4,455
Rent
$45
Cashflow
Cash Flow
$4,455 income − $4,410 expenses = $45 cash flow
Investment Breakdown
|
Purchase Price
$478k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$118k
Downpayment
20%
$95,520
Closing costs
1%
$4,776
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,455
Total Expenses
$4,410
Mortgage P&I
55%
$2,436
Property Taxes
7%
$302
Home Insurance
4%
$157
HOA
0%
$0
Property Management
12%
$535
CapEx
4%
$178
Vacancy
3%
$134
Maintenance
4%
$178
Other
11%
$490