This property might be a fair Mid-Term investment with a projected 0.96% first-year return on $122k initial cash invested.
0.96%
Cash On Cash
6.87%
Cap Rate
1.12
DSCR
$4,990
Rent
$97
Cashflow
Cash Flow
$4,990 income − $4,893 expenses = $97 cash flow
Investment Breakdown
|
Purchase Price
$494k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$122k
Downpayment
20%
$98,740
Closing costs
1%
$4,937
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,990
Total Expenses
$4,893
Mortgage P&I
51%
$2,530
Property Taxes
10%
$479
Home Insurance
3%
$173
HOA
0%
$13
Property Management
12%
$599
CapEx
4%
$200
Vacancy
3%
$150
Maintenance
4%
$200
Other
11%
$549