This property might be a fair Mid-Term investment with a projected 0.62% first-year return on $100k initial cash invested.
0.62%
Cash On Cash
6.95%
Cap Rate
1.11
DSCR
$4,232
Rent
$52
Cashflow
Cash Flow
$4,232 income − $4,180 expenses = $52 cash flow
Investment Breakdown
|
Purchase Price
$393k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$100k
Downpayment
20%
$78,540
Closing costs
1%
$3,927
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,232
Total Expenses
$4,180
Mortgage P&I
48%
$2,052
Property Taxes
13%
$549
Home Insurance
3%
$140
HOA
0%
$0
Property Management
12%
$508
CapEx
4%
$169
Vacancy
3%
$127
Maintenance
4%
$169
Other
11%
$466