This property might be a fair Mid-Term investment with a projected 0.44% first-year return on $117k initial cash invested.
0.44%
Cash On Cash
7.2%
Cap Rate
1.09
DSCR
$4,698
Rent
$43
Cashflow
Cash Flow
$4,698 income − $4,655 expenses = $43 cash flow
Investment Breakdown
|
Purchase Price
$472k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$117k
Downpayment
20%
$94,480
Closing costs
1%
$4,724
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,698
Total Expenses
$4,655
Mortgage P&I
55%
$2,603
Property Taxes
4%
$196
Home Insurance
4%
$166
HOA
2%
$92
Property Management
12%
$564
CapEx
4%
$188
Vacancy
3%
$141
Maintenance
4%
$188
Other
11%
$517