This property might be a fair Mid-Term investment with a projected 0.89% first-year return on $108k initial cash invested.
0.89%
Cash On Cash
6.8%
Cap Rate
1.11
DSCR
$4,196
Rent
$80
Cashflow
Cash Flow
$4,196 income − $4,116 expenses = $80 cash flow
Investment Breakdown
|
Purchase Price
$428k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$108k
Downpayment
20%
$85,600
Closing costs
1%
$4,280
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,196
Total Expenses
$4,116
Mortgage P&I
52%
$2,177
Property Taxes
9%
$361
Home Insurance
4%
$150
HOA
0%
$0
Property Management
12%
$504
CapEx
4%
$168
Vacancy
3%
$126
Maintenance
4%
$168
Other
11%
$462