This property might be a fair Mid-Term investment with a projected 0.91% first-year return on $111k initial cash invested.
0.91%
Cash On Cash
7.44%
Cap Rate
1.12
DSCR
$5,190
Rent
$84
Cashflow
Cash Flow
$5,190 income − $5,106 expenses = $84 cash flow
Investment Breakdown
|
Purchase Price
$441k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$111k
Downpayment
20%
$88,220
Closing costs
1%
$4,411
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$5,190
Total Expenses
$5,106
Mortgage P&I
47%
$2,442
Property Taxes
14%
$740
Home Insurance
3%
$158
HOA
0%
$0
Property Management
12%
$623
CapEx
4%
$208
Vacancy
3%
$156
Maintenance
4%
$208
Other
11%
$571