This property might be a fair Mid-Term investment with a projected 0.06% first-year return on $109k initial cash invested.
0.06%
Cash On Cash
6.65%
Cap Rate
1.07
DSCR
$3,894
Rent
$5
Cashflow
Cash Flow
$3,894 income − $3,889 expenses = $5 cash flow
Investment Breakdown
|
Purchase Price
$434k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$109k
Downpayment
20%
$86,700
Closing costs
1%
$4,335
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,894
Total Expenses
$3,889
Mortgage P&I
58%
$2,241
Property Taxes
6%
$226
Home Insurance
3%
$98
HOA
0%
$0
Property Management
12%
$467
CapEx
4%
$156
Vacancy
3%
$117
Maintenance
4%
$156
Other
11%
$428