This property might be a fair Mid-Term investment with a projected 0.35% first-year return on $107k initial cash invested.
0.35%
Cash On Cash
6.64%
Cap Rate
1.09
DSCR
$4,132
Rent
$31
Cashflow
Cash Flow
$4,132 income − $4,101 expenses = $31 cash flow
Investment Breakdown
|
Purchase Price
$425k
Downpayment
20.0%
Interest Rate
6.5%
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
$4,132
Total Expenses
$4,101
Mortgage P&I
52%
$2,155
Property Taxes
9%
$392
Home Insurance
4%
$149
HOA
0%
$0
Property Management
12%
$496
CapEx
4%
$165
Vacancy
3%
$124
Maintenance
4%
$165
Other
11%
$455