This property might be a fair Mid-Term investment with a projected 0.94% first-year return on $117k initial cash invested.
0.94%
Cash On Cash
7.04%
Cap Rate
1.11
DSCR
$4,632
Rent
$92
Cashflow
Cash Flow
$4,632 income − $4,540 expenses = $92 cash flow
Investment Breakdown
|
Purchase Price
$472k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$117k
Downpayment
20%
$94,400
Closing costs
1%
$4,720
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,632
Total Expenses
$4,540
Mortgage P&I
54%
$2,493
Property Taxes
7%
$302
Home Insurance
4%
$170
HOA
0%
$0
Property Management
12%
$556
CapEx
4%
$185
Vacancy
3%
$139
Maintenance
4%
$185
Other
11%
$510