This property might be a fair Mid-Term investment with a projected 1.22% first-year return on $104k initial cash invested.
1.22%
Cash On Cash
6.95%
Cap Rate
1.13
DSCR
$4,350
Rent
$106
Cashflow
Cash Flow
$4,350 income − $4,244 expenses = $106 cash flow
Investment Breakdown
|
Purchase Price
$411k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$104k
Downpayment
20%
$82,200
Closing costs
1%
$4,110
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,350
Total Expenses
$4,244
Mortgage P&I
48%
$2,099
Property Taxes
11%
$496
Home Insurance
4%
$171
HOA
0%
$0
Property Management
12%
$522
CapEx
4%
$174
Vacancy
3%
$130
Maintenance
4%
$174
Other
11%
$478