This property might be a fair Mid-Term investment with a projected 0.86% first-year return on $112k initial cash invested.
0.86%
Cash On Cash
7.26%
Cap Rate
1.11
DSCR
$4,612
Rent
$80
Cashflow
Cash Flow
$4,612 income − $4,532 expenses = $80 cash flow
Investment Breakdown
|
Purchase Price
$448k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$112k
Downpayment
20%
$89,500
Closing costs
1%
$4,475
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,612
Total Expenses
$4,532
Mortgage P&I
53%
$2,445
Property Taxes
8%
$365
Home Insurance
3%
$156
HOA
0%
$0
Property Management
12%
$553
CapEx
4%
$184
Vacancy
3%
$138
Maintenance
4%
$184
Other
11%
$507