This property might be a fair Mid-Term investment with a projected 0.64% first-year return on $118k initial cash invested.
0.64%
Cash On Cash
6.71%
Cap Rate
1.1
DSCR
$4,540
Rent
$63
Cashflow
Cash Flow
$4,540 income − $4,477 expenses = $63 cash flow
Investment Breakdown
|
Purchase Price
$475k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$118k
Downpayment
20%
$95,000
Closing costs
1%
$4,750
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,540
Total Expenses
$4,477
Mortgage P&I
53%
$2,411
Property Taxes
8%
$356
Home Insurance
4%
$166
HOA
0%
$0
Property Management
12%
$545
CapEx
4%
$182
Vacancy
3%
$136
Maintenance
4%
$182
Other
11%
$499