This property might be a fair Mid-Term investment with a projected 0.55% first-year return on $102k initial cash invested.
0.55%
Cash On Cash
6.68%
Cap Rate
1.09
DSCR
$3,586
Rent
$47
Cashflow
Cash Flow
$3,586 income − $3,539 expenses = $47 cash flow
Investment Breakdown
|
Purchase Price
$400k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$102k
Downpayment
20%
$79,980
Closing costs
1%
$3,999
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,586
Total Expenses
$3,539
Mortgage P&I
57%
$2,036
Property Taxes
4%
$145
Home Insurance
4%
$140
HOA
0%
$0
Property Management
12%
$430
CapEx
4%
$143
Vacancy
3%
$108
Maintenance
4%
$143
Other
11%
$394