This property might be a fair Mid-Term investment with a projected 0.94% first-year return on $105k initial cash invested.
0.94%
Cash On Cash
7.22%
Cap Rate
1.1
DSCR
$3,788
Rent
$82
Cashflow
Cash Flow
$3,788 income − $3,706 expenses = $82 cash flow
Investment Breakdown
|
Purchase Price
$413k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$105k
Downpayment
20%
$82,620
Closing costs
1%
$4,131
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,788
Total Expenses
$3,706
Mortgage P&I
59%
$2,251
Property Taxes
1%
$20
Home Insurance
4%
$145
HOA
0%
$0
Property Management
12%
$455
CapEx
4%
$152
Vacancy
3%
$114
Maintenance
4%
$152
Other
11%
$417