This property might be a fair Mid-Term investment with a projected 0.14% first-year return on $120k initial cash invested.
0.14%
Cash On Cash
7.18%
Cap Rate
1.08
DSCR
$5,316
Rent
$14
Cashflow
Cash Flow
$5,316 income − $5,302 expenses = $14 cash flow
Investment Breakdown
|
Purchase Price
$487k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$120k
Downpayment
20%
$97,360
Closing costs
1%
$4,868
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$5,316
Total Expenses
$5,302
Mortgage P&I
51%
$2,685
Property Taxes
10%
$551
Home Insurance
4%
$203
HOA
1%
$55
Property Management
12%
$638
CapEx
4%
$213
Vacancy
3%
$159
Maintenance
4%
$213
Other
11%
$585