This property might be a fair Mid-Term investment with a projected 1.09% first-year return on $116k initial cash invested.
1.09%
Cash On Cash
7.05%
Cap Rate
1.12
DSCR
$4,749
Rent
$105
Cashflow
Cash Flow
$4,749 income − $4,644 expenses = $105 cash flow
Investment Breakdown
|
Purchase Price
$464k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$116k
Downpayment
20%
$92,880
Closing costs
1%
$4,644
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,749
Total Expenses
$4,644
Mortgage P&I
51%
$2,432
Property Taxes
9%
$435
Home Insurance
3%
$163
HOA
0%
$0
Property Management
12%
$570
CapEx
4%
$190
Vacancy
3%
$142
Maintenance
4%
$190
Other
11%
$522