This property might be a fair Mid-Term investment with a projected 0.49% first-year return on $109k initial cash invested.
0.49%
Cash On Cash
6.71%
Cap Rate
1.1
DSCR
$4,386
Rent
$45
Cashflow
Cash Flow
$4,386 income − $4,341 expenses = $45 cash flow
Investment Breakdown
|
Purchase Price
$436k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$109k
Downpayment
20%
$87,120
Closing costs
1%
$4,356
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,386
Total Expenses
$4,341
Mortgage P&I
51%
$2,217
Property Taxes
11%
$480
Home Insurance
4%
$154
HOA
0%
$0
Property Management
12%
$526
CapEx
4%
$175
Vacancy
3%
$132
Maintenance
4%
$175
Other
11%
$482