This property might be a fair Mid-Term investment with a projected 1.23% first-year return on $113k initial cash invested.
1.23%
Cash On Cash
7.04%
Cap Rate
1.14
DSCR
$5,028
Rent
$116
Cashflow
Cash Flow
$5,028 income − $4,912 expenses = $116 cash flow
Investment Breakdown
|
Purchase Price
$453k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$113k
Downpayment
20%
$90,640
Closing costs
1%
$4,532
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$5,028
Total Expenses
$4,912
Mortgage P&I
47%
$2,341
Property Taxes
14%
$705
Home Insurance
3%
$157
HOA
0%
$0
Property Management
12%
$603
CapEx
4%
$201
Vacancy
3%
$151
Maintenance
4%
$201
Other
11%
$553