This property might be a fair Mid-Term investment with a projected 0.26% first-year return on $114k initial cash invested.
0.26%
Cash On Cash
6.95%
Cap Rate
1.08
DSCR
$4,430
Rent
$25
Cashflow
Cash Flow
$4,430 income − $4,405 expenses = $25 cash flow
Investment Breakdown
|
Purchase Price
$458k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$114k
Downpayment
20%
$91,520
Closing costs
1%
$4,576
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,430
Total Expenses
$4,405
Mortgage P&I
55%
$2,449
Property Taxes
7%
$322
Home Insurance
3%
$128
HOA
0%
$0
Property Management
12%
$532
CapEx
4%
$177
Vacancy
3%
$133
Maintenance
4%
$177
Other
11%
$487