This property might be a fair Mid-Term investment with a projected 1.38% first-year return on $118k initial cash invested.
1.38%
Cash On Cash
7.05%
Cap Rate
1.14
DSCR
$5,193
Rent
$136
Cashflow
Cash Flow
$5,193 income − $5,057 expenses = $136 cash flow
Investment Breakdown
|
Purchase Price
$478k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$118k
Downpayment
20%
$95,520
Closing costs
1%
$4,776
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$5,193
Total Expenses
$5,057
Mortgage P&I
47%
$2,461
Property Taxes
13%
$655
Home Insurance
3%
$175
HOA
0%
$0
Property Management
12%
$623
CapEx
4%
$208
Vacancy
3%
$156
Maintenance
4%
$208
Other
11%
$571