This property might be a fair Mid-Term investment with a projected 0.6% first-year return on $110k initial cash invested.
0.6%
Cash On Cash
7.26%
Cap Rate
1.1
DSCR
$4,592
Rent
$55
Cashflow
Cash Flow
$4,592 income − $4,537 expenses = $55 cash flow
Investment Breakdown
|
Purchase Price
$436k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$110k
Downpayment
20%
$87,200
Closing costs
1%
$4,360
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,592
Total Expenses
$4,537
Mortgage P&I
52%
$2,398
Property Taxes
9%
$424
Home Insurance
3%
$153
HOA
0%
$0
Property Management
12%
$551
CapEx
4%
$184
Vacancy
3%
$138
Maintenance
4%
$184
Other
11%
$505