This property might be a fair Mid-Term investment with a projected 0.28% first-year return on $116k initial cash invested.
0.28%
Cash On Cash
6.99%
Cap Rate
1.09
DSCR
$4,803
Rent
$27
Cashflow
Cash Flow
$4,803 income − $4,776 expenses = $27 cash flow
Investment Breakdown
|
Purchase Price
$465k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$116k
Downpayment
20%
$93,060
Closing costs
1%
$4,653
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,803
Total Expenses
$4,776
Mortgage P&I
52%
$2,490
Property Taxes
10%
$491
Home Insurance
3%
$163
HOA
0%
$0
Property Management
12%
$576
CapEx
4%
$192
Vacancy
3%
$144
Maintenance
4%
$192
Other
11%
$528