This property might be a fair Mid-Term investment with a projected 0.27% first-year return on $112k initial cash invested.
0.27%
Cash On Cash
7.15%
Cap Rate
1.08
DSCR
$4,383
Rent
$25
Cashflow
Cash Flow
$4,383 income − $4,358 expenses = $25 cash flow
Investment Breakdown
|
Purchase Price
$450k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$112k
Downpayment
20%
$89,980
Closing costs
1%
$4,499
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,383
Total Expenses
$4,358
Mortgage P&I
57%
$2,479
Property Taxes
5%
$232
Home Insurance
4%
$158
HOA
0%
$0
Property Management
12%
$526
CapEx
4%
$175
Vacancy
3%
$131
Maintenance
4%
$175
Other
11%
$482