This property might be a fair Mid-Term investment with a projected 0.31% first-year return on $105k initial cash invested.
0.31%
Cash On Cash
7.22%
Cap Rate
1.1
DSCR
$4,766
Rent
$27
Cashflow
Cash Flow
$4,766 income − $4,739 expenses = $27 cash flow
Investment Breakdown
|
Purchase Price
$413k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$105k
Downpayment
20%
$82,660
Closing costs
1%
$4,133
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,766
Total Expenses
$4,739
Mortgage P&I
48%
$2,270
Property Taxes
15%
$699
Home Insurance
3%
$149
HOA
0%
$0
Property Management
12%
$572
CapEx
4%
$191
Vacancy
3%
$143
Maintenance
4%
$191
Other
11%
$524