This property might be a fair Mid-Term investment with a projected 0.31% first-year return on $110k initial cash invested.
0.31%
Cash On Cash
7.02%
Cap Rate
1.09
DSCR
$4,346
Rent
$28
Cashflow
Cash Flow
$4,346 income − $4,318 expenses = $28 cash flow
Investment Breakdown
|
Purchase Price
$437k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$110k
Downpayment
20%
$87,320
Closing costs
1%
$4,366
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,346
Total Expenses
$4,318
Mortgage P&I
54%
$2,353
Property Taxes
7%
$295
Home Insurance
4%
$192
HOA
0%
$0
Property Management
12%
$522
CapEx
4%
$174
Vacancy
3%
$130
Maintenance
4%
$174
Other
11%
$478