This property might be a fair Mid-Term investment with a projected 0.24% first-year return on $116k initial cash invested.
0.24%
Cash On Cash
6.86%
Cap Rate
1.09
DSCR
$5,182
Rent
$23
Cashflow
Cash Flow
$5,182 income − $5,159 expenses = $23 cash flow
Investment Breakdown
|
Purchase Price
$466k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$116k
Downpayment
20%
$93,260
Closing costs
1%
$4,663
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$5,182
Total Expenses
$5,159
Mortgage P&I
47%
$2,435
Property Taxes
15%
$797
Home Insurance
3%
$166
HOA
0%
$0
Property Management
12%
$622
CapEx
4%
$207
Vacancy
3%
$155
Maintenance
4%
$207
Other
11%
$570