This property might be a fair Mid-Term investment with a projected 1.27% first-year return on $104k initial cash invested.
1.27%
Cash On Cash
7.06%
Cap Rate
1.13
DSCR
$4,312
Rent
$110
Cashflow
Cash Flow
$4,312 income − $4,202 expenses = $110 cash flow
Investment Breakdown
|
Purchase Price
$410k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$104k
Downpayment
20%
$81,980
Closing costs
1%
$4,099
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,312
Total Expenses
$4,202
Mortgage P&I
49%
$2,130
Property Taxes
11%
$464
Home Insurance
3%
$144
HOA
0%
$0
Property Management
12%
$517
CapEx
4%
$172
Vacancy
3%
$129
Maintenance
4%
$172
Other
11%
$474