This property might be a fair Mid-Term investment with a projected 0.29% first-year return on $107k initial cash invested.
0.29%
Cash On Cash
6.83%
Cap Rate
1.09
DSCR
$4,384
Rent
$26
Cashflow
Cash Flow
$4,384 income − $4,358 expenses = $26 cash flow
Investment Breakdown
|
Purchase Price
$425k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$107k
Downpayment
20%
$85,000
Closing costs
1%
$4,250
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,384
Total Expenses
$4,358
Mortgage P&I
51%
$2,219
Property Taxes
11%
$500
Home Insurance
3%
$149
HOA
0%
$0
Property Management
12%
$526
CapEx
4%
$175
Vacancy
3%
$132
Maintenance
4%
$175
Other
11%
$482