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
6.71%
Cap Rate
1.09
DSCR
$4,666
Rent
$27
Cashflow
Cash Flow
$4,666 income − $4,639 expenses = $27 cash flow
Investment Breakdown
|
Purchase Price
$465k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$116k
Downpayment
20%
$92,940
Closing costs
1%
$4,647
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,666
Total Expenses
$4,639
Mortgage P&I
51%
$2,384
Property Taxes
11%
$504
Home Insurance
4%
$164
HOA
0%
$0
Property Management
12%
$560
CapEx
4%
$187
Vacancy
3%
$140
Maintenance
4%
$187
Other
11%
$513