This property might be a fair Mid-Term investment with a projected 0.36% first-year return on $116k initial cash invested.
0.36%
Cash On Cash
6.61%
Cap Rate
1.09
DSCR
$4,368
Rent
$35
Cashflow
Cash Flow
$4,368 income − $4,333 expenses = $35 cash flow
Investment Breakdown
|
Purchase Price
$465k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$116k
Downpayment
20%
$92,980
Closing costs
1%
$4,649
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,368
Total Expenses
$4,333
Mortgage P&I
54%
$2,350
Property Taxes
8%
$335
Home Insurance
4%
$163
HOA
0%
$0
Property Management
12%
$524
CapEx
4%
$175
Vacancy
3%
$131
Maintenance
4%
$175
Other
11%
$480