This property might be a fair Mid-Term investment with a projected 0.12% first-year return on $104k initial cash invested.
0.12%
Cash On Cash
7.18%
Cap Rate
1.09
DSCR
$4,600
Rent
$10
Cashflow
Cash Flow
$4,600 income − $4,590 expenses = $10 cash flow
Investment Breakdown
|
Purchase Price
$408k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$104k
Downpayment
20%
$81,600
Closing costs
1%
$4,080
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,600
Total Expenses
$4,590
Mortgage P&I
49%
$2,247
Property Taxes
14%
$634
Home Insurance
3%
$145
HOA
0%
$0
Property Management
12%
$552
CapEx
4%
$184
Vacancy
3%
$138
Maintenance
4%
$184
Other
11%
$506