This property might be a fair Mid-Term investment with a projected 0.99% first-year return on $119k initial cash invested.
0.99%
Cash On Cash
6.83%
Cap Rate
1.12
DSCR
$4,628
Rent
$98
Cashflow
Cash Flow
$4,628 income − $4,530 expenses = $98 cash flow
Investment Breakdown
|
Purchase Price
$480k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$119k
Downpayment
20%
$96,080
Closing costs
1%
$4,804
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,628
Total Expenses
$4,530
Mortgage P&I
53%
$2,452
Property Taxes
7%
$335
Home Insurance
4%
$170
HOA
0%
$0
Property Management
12%
$555
CapEx
4%
$185
Vacancy
3%
$139
Maintenance
4%
$185
Other
11%
$509