This property might be a fair Mid-Term investment with a projected 0.52% first-year return on $113k initial cash invested.
0.52%
Cash On Cash
6.85%
Cap Rate
1.09
DSCR
$4,130
Rent
$49
Cashflow
Cash Flow
$4,130 income − $4,081 expenses = $49 cash flow
Investment Breakdown
|
Purchase Price
$455k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$113k
Downpayment
20%
$90,900
Closing costs
1%
$4,545
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,130
Total Expenses
$4,081
Mortgage P&I
58%
$2,381
Property Taxes
3%
$135
Home Insurance
4%
$161
HOA
0%
$0
Property Management
12%
$496
CapEx
4%
$165
Vacancy
3%
$124
Maintenance
4%
$165
Other
11%
$454