This property might be a fair Mid-Term investment with a projected 0.55% first-year return on $114k initial cash invested.
0.55%
Cash On Cash
6.84%
Cap Rate
1.1
DSCR
$4,876
Rent
$52
Cashflow
Cash Flow
$4,876 income − $4,824 expenses = $52 cash flow
Investment Breakdown
|
Purchase Price
$459k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$114k
Downpayment
20%
$91,880
Closing costs
1%
$4,594
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,876
Total Expenses
$4,824
Mortgage P&I
49%
$2,373
Property Taxes
13%
$630
Home Insurance
3%
$164
HOA
0%
$0
Property Management
12%
$585
CapEx
4%
$195
Vacancy
3%
$146
Maintenance
4%
$195
Other
11%
$536