This property might be a fair Mid-Term investment with a projected 0.53% first-year return on $111k initial cash invested.
0.53%
Cash On Cash
6.71%
Cap Rate
1.1
DSCR
$4,400
Rent
$49
Cashflow
Cash Flow
$4,400 income − $4,351 expenses = $49 cash flow
Investment Breakdown
|
Purchase Price
$442k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$111k
Downpayment
20%
$88,360
Closing costs
1%
$4,418
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,400
Total Expenses
$4,351
Mortgage P&I
51%
$2,244
Property Taxes
7%
$286
Home Insurance
4%
$158
HOA
4%
$167
Property Management
12%
$528
CapEx
4%
$176
Vacancy
3%
$132
Maintenance
4%
$176
Other
11%
$484