This property might be a fair Mid-Term investment with a projected 1.02% first-year return on $110k initial cash invested.
1.02%
Cash On Cash
7.44%
Cap Rate
1.12
DSCR
$4,820
Rent
$94
Cashflow
Cash Flow
$4,820 income − $4,726 expenses = $94 cash flow
Investment Breakdown
|
Purchase Price
$440k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$110k
Downpayment
20%
$88,000
Closing costs
1%
$4,400
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,820
Total Expenses
$4,726
Mortgage P&I
51%
$2,442
Property Taxes
10%
$491
Home Insurance
3%
$154
HOA
0%
$0
Property Management
12%
$578
CapEx
4%
$193
Vacancy
3%
$145
Maintenance
4%
$193
Other
11%
$530