This property might be a fair Mid-Term investment with a projected 0.18% first-year return on $121k initial cash invested.
0.18%
Cash On Cash
6.92%
Cap Rate
1.08
DSCR
$4,708
Rent
$18
Cashflow
Cash Flow
$4,708 income − $4,690 expenses = $18 cash flow
Investment Breakdown
|
Purchase Price
$489k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$121k
Downpayment
20%
$97,880
Closing costs
1%
$4,894
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,708
Total Expenses
$4,690
Mortgage P&I
56%
$2,617
Property Taxes
6%
$298
Home Insurance
4%
$175
HOA
0%
$0
Property Management
12%
$565
CapEx
4%
$188
Vacancy
3%
$141
Maintenance
4%
$188
Other
11%
$518