This property might be a fair Mid-Term investment with a projected 0.2% first-year return on $104k initial cash invested.
0.2%
Cash On Cash
7.25%
Cap Rate
1.09
DSCR
$4,467
Rent
$17
Cashflow
Cash Flow
$4,467 income − $4,450 expenses = $17 cash flow
Investment Breakdown
|
Purchase Price
$410k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$104k
Downpayment
20%
$81,920
Closing costs
1%
$4,096
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,467
Total Expenses
$4,450
Mortgage P&I
51%
$2,280
Property Taxes
10%
$435
Home Insurance
3%
$145
HOA
2%
$71
Property Management
12%
$536
CapEx
4%
$179
Vacancy
3%
$134
Maintenance
4%
$179
Other
11%
$491