This property might be a fair Mid-Term investment with a projected 0.87% first-year return on $110k initial cash invested.
0.87%
Cash On Cash
6.99%
Cap Rate
1.11
DSCR
$4,356
Rent
$80
Cashflow
Cash Flow
$4,356 income − $4,276 expenses = $80 cash flow
Investment Breakdown
|
Purchase Price
$440k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$110k
Downpayment
20%
$87,940
Closing costs
1%
$4,397
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,356
Total Expenses
$4,276
Mortgage P&I
53%
$2,307
Property Taxes
7%
$324
Home Insurance
4%
$164
HOA
0%
$0
Property Management
12%
$523
CapEx
4%
$174
Vacancy
3%
$131
Maintenance
4%
$174
Other
11%
$479