This property might be a fair Mid-Term investment with a projected 0.03% first-year return on $119k initial cash invested.
0.03%
Cash On Cash
6.86%
Cap Rate
1.07
DSCR
$4,653
Rent
$3
Cashflow
Cash Flow
$4,653 income − $4,650 expenses = $3 cash flow
Investment Breakdown
|
Purchase Price
$480k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$119k
Downpayment
20%
$95,940
Closing costs
1%
$4,797
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,653
Total Expenses
$4,650
Mortgage P&I
55%
$2,552
Property Taxes
7%
$327
Home Insurance
4%
$189
HOA
0%
$0
Property Management
12%
$558
CapEx
4%
$186
Vacancy
3%
$140
Maintenance
4%
$186
Other
11%
$512