This property might be a fair Mid-Term investment with a projected 0.3% first-year return on $113k initial cash invested.
0.3%
Cash On Cash
6.84%
Cap Rate
1.09
DSCR
$4,738
Rent
$28
Cashflow
Cash Flow
$4,738 income − $4,710 expenses = $28 cash flow
Investment Breakdown
|
Purchase Price
$452k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$113k
Downpayment
20%
$90,440
Closing costs
1%
$4,522
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,738
Total Expenses
$4,710
Mortgage P&I
50%
$2,361
Property Taxes
12%
$580
Home Insurance
3%
$157
HOA
0%
$0
Property Management
12%
$569
CapEx
4%
$190
Vacancy
3%
$142
Maintenance
4%
$190
Other
11%
$521