This property might be a fair Mid-Term investment with a projected 0.47% first-year return on $113k initial cash invested.
0.47%
Cash On Cash
6.99%
Cap Rate
1.1
DSCR
$4,722
Rent
$44
Cashflow
Cash Flow
$4,722 income − $4,678 expenses = $44 cash flow
Investment Breakdown
|
Purchase Price
$453k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$113k
Downpayment
20%
$90,660
Closing costs
1%
$4,533
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,722
Total Expenses
$4,678
Mortgage P&I
51%
$2,408
Property Taxes
10%
$454
Home Insurance
4%
$210
HOA
0%
$0
Property Management
12%
$567
CapEx
4%
$189
Vacancy
3%
$142
Maintenance
4%
$189
Other
11%
$519