This property might be a fair Mid-Term investment with a projected 1.12% first-year return on $119k initial cash invested.
1.12%
Cash On Cash
6.86%
Cap Rate
1.13
DSCR
$5,230
Rent
$111
Cashflow
Cash Flow
$5,230 income − $5,119 expenses = $111 cash flow
Investment Breakdown
|
Purchase Price
$481k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$119k
Downpayment
20%
$96,160
Closing costs
1%
$4,808
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$5,230
Total Expenses
$5,119
Mortgage P&I
46%
$2,428
Property Taxes
14%
$749
Home Insurance
3%
$164
HOA
0%
$0
Property Management
12%
$628
CapEx
4%
$209
Vacancy
3%
$157
Maintenance
4%
$209
Other
11%
$575