This property might be a fair Mid-Term investment with a projected 0.69% first-year return on $104k initial cash invested.
0.69%
Cash On Cash
6.97%
Cap Rate
1.11
DSCR
$4,154
Rent
$60
Cashflow
Cash Flow
$4,154 income − $4,094 expenses = $60 cash flow
Investment Breakdown
|
Purchase Price
$408k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$104k
Downpayment
20%
$81,680
Closing costs
1%
$4,084
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,154
Total Expenses
$4,094
Mortgage P&I
52%
$2,146
Property Taxes
5%
$204
Home Insurance
8%
$332
HOA
0%
$0
Property Management
12%
$498
CapEx
4%
$166
Vacancy
3%
$125
Maintenance
4%
$166
Other
11%
$457