This property might be a fair Mid-Term investment with a projected 0.85% first-year return on $109k initial cash invested.
0.85%
Cash On Cash
7.31%
Cap Rate
1.11
DSCR
$4,448
Rent
$77
Cashflow
Cash Flow
$4,448 income − $4,371 expenses = $77 cash flow
Investment Breakdown
|
Purchase Price
$431k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$109k
Downpayment
20%
$86,240
Closing costs
1%
$4,312
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,448
Total Expenses
$4,371
Mortgage P&I
53%
$2,372
Property Taxes
7%
$333
Home Insurance
3%
$154
HOA
0%
$0
Property Management
12%
$534
CapEx
4%
$178
Vacancy
3%
$133
Maintenance
4%
$178
Other
11%
$489