This property might be a fair Mid-Term investment with a projected 0.76% first-year return on $105k initial cash invested.
0.76%
Cash On Cash
7.42%
Cap Rate
1.11
DSCR
$4,654
Rent
$66
Cashflow
Cash Flow
$4,654 income − $4,588 expenses = $66 cash flow
Investment Breakdown
|
Purchase Price
$413k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$105k
Downpayment
20%
$82,640
Closing costs
1%
$4,132
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,654
Total Expenses
$4,588
Mortgage P&I
49%
$2,303
Property Taxes
12%
$558
Home Insurance
3%
$145
HOA
0%
$0
Property Management
12%
$558
CapEx
4%
$186
Vacancy
3%
$140
Maintenance
4%
$186
Other
11%
$512