This property might be a fair Mid-Term investment with a projected 0.06% first-year return on $101k initial cash invested.
0.06%
Cash On Cash
6.81%
Cap Rate
1.09
DSCR
$4,354
Rent
$5
Cashflow
Cash Flow
$4,354 income − $4,349 expenses = $5 cash flow
Investment Breakdown
|
Purchase Price
$394k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$101k
Downpayment
20%
$78,840
Closing costs
1%
$3,942
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,354
Total Expenses
$4,349
Mortgage P&I
47%
$2,058
Property Taxes
15%
$671
Home Insurance
3%
$140
HOA
0%
$0
Property Management
12%
$522
CapEx
4%
$174
Vacancy
3%
$131
Maintenance
4%
$174
Other
11%
$479