This property might be a fair Mid-Term investment with a projected 0.23% first-year return on $113k initial cash invested.
0.23%
Cash On Cash
6.92%
Cap Rate
1.08
DSCR
$4,257
Rent
$22
Cashflow
Cash Flow
$4,257 income − $4,235 expenses = $22 cash flow
Investment Breakdown
|
Purchase Price
$450k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$113k
Downpayment
20%
$90,080
Closing costs
1%
$4,504
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,257
Total Expenses
$4,235
Mortgage P&I
56%
$2,405
Property Taxes
5%
$223
Home Insurance
4%
$160
HOA
0%
$0
Property Management
12%
$511
CapEx
4%
$170
Vacancy
3%
$128
Maintenance
4%
$170
Other
11%
$468