This property might be a fair Mid-Term investment with a projected 0.14% first-year return on $110k initial cash invested.
0.14%
Cash On Cash
7.11%
Cap Rate
1.08
DSCR
$4,238
Rent
$13
Cashflow
Cash Flow
$4,238 income − $4,225 expenses = $13 cash flow
Investment Breakdown
|
Purchase Price
$440k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$110k
Downpayment
20%
$88,000
Closing costs
1%
$4,400
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,238
Total Expenses
$4,225
Mortgage P&I
57%
$2,425
Property Taxes
5%
$204
Home Insurance
4%
$154
HOA
0%
$0
Property Management
12%
$509
CapEx
4%
$170
Vacancy
3%
$127
Maintenance
4%
$170
Other
11%
$466