This property might be a fair Mid-Term investment with a projected 0.85% first-year return on $116k initial cash invested.
0.85%
Cash On Cash
7.26%
Cap Rate
1.11
DSCR
$4,984
Rent
$82
Cashflow
Cash Flow
$4,984 income − $4,902 expenses = $82 cash flow
Investment Breakdown
|
Purchase Price
$467k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$116k
Downpayment
20%
$93,320
Closing costs
1%
$4,666
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,984
Total Expenses
$4,902
Mortgage P&I
51%
$2,540
Property Taxes
8%
$416
Home Insurance
4%
$175
HOA
2%
$77
Property Management
12%
$598
CapEx
4%
$199
Vacancy
3%
$150
Maintenance
4%
$199
Other
11%
$548