This property might be a fair Mid-Term investment with a projected 1.31% first-year return on $113k initial cash invested.
1.31%
Cash On Cash
7.45%
Cap Rate
1.12
DSCR
$4,472
Rent
$124
Cashflow
Cash Flow
$4,472 income − $4,348 expenses = $124 cash flow
Investment Breakdown
|
Purchase Price
$454k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$113k
Downpayment
20%
$90,840
Closing costs
1%
$4,542
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,472
Total Expenses
$4,348
Mortgage P&I
56%
$2,515
Property Taxes
4%
$168
Home Insurance
3%
$144
HOA
0%
$0
Property Management
12%
$537
CapEx
4%
$179
Vacancy
3%
$134
Maintenance
4%
$179
Other
11%
$492