This property might be a fair Mid-Term investment with a projected 1.12% first-year return on $102k initial cash invested.
1.12%
Cash On Cash
6.96%
Cap Rate
1.13
DSCR
$4,476
Rent
$95
Cashflow
Cash Flow
$4,476 income − $4,381 expenses = $95 cash flow
Investment Breakdown
|
Purchase Price
$399k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$102k
Downpayment
20%
$79,760
Closing costs
1%
$3,988
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,476
Total Expenses
$4,381
Mortgage P&I
46%
$2,038
Property Taxes
11%
$500
Home Insurance
4%
$164
HOA
4%
$158
Property Management
12%
$537
CapEx
4%
$179
Vacancy
3%
$134
Maintenance
4%
$179
Other
11%
$492