This property might be a fair Mid-Term investment with a projected 0.16% first-year return on $102k initial cash invested.
0.16%
Cash On Cash
7.21%
Cap Rate
1.09
DSCR
$4,406
Rent
$14
Cashflow
Cash Flow
$4,406 income − $4,392 expenses = $14 cash flow
Investment Breakdown
|
Purchase Price
$400k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$102k
Downpayment
20%
$79,980
Closing costs
1%
$3,999
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,406
Total Expenses
$4,392
Mortgage P&I
50%
$2,214
Property Taxes
12%
$540
Home Insurance
3%
$140
HOA
0%
$0
Property Management
12%
$529
CapEx
4%
$176
Vacancy
3%
$132
Maintenance
4%
$176
Other
11%
$485