This property might be a fair Mid-Term investment with a projected 0.75% first-year return on $106k initial cash invested.
0.75%
Cash On Cash
7.37%
Cap Rate
1.12
DSCR
$4,976
Rent
$66
Cashflow
Cash Flow
$4,976 income − $4,910 expenses = $66 cash flow
Investment Breakdown
|
Purchase Price
$418k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$106k
Downpayment
20%
$83,520
Closing costs
1%
$4,176
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,976
Total Expenses
$4,910
Mortgage P&I
46%
$2,301
Property Taxes
15%
$771
Home Insurance
3%
$147
HOA
0%
$0
Property Management
12%
$597
CapEx
4%
$199
Vacancy
3%
$149
Maintenance
4%
$199
Other
11%
$547