This property might be a fair Mid-Term investment with a projected 1.08% first-year return on $115k initial cash invested.
1.08%
Cash On Cash
7.26%
Cap Rate
1.12
DSCR
$4,924
Rent
$103
Cashflow
Cash Flow
$4,924 income − $4,821 expenses = $103 cash flow
Investment Breakdown
|
Purchase Price
$461k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$115k
Downpayment
20%
$92,260
Closing costs
1%
$4,613
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,924
Total Expenses
$4,821
Mortgage P&I
51%
$2,492
Property Taxes
10%
$488
Home Insurance
3%
$166
HOA
0%
$0
Property Management
12%
$591
CapEx
4%
$197
Vacancy
3%
$148
Maintenance
4%
$197
Other
11%
$542