This property might be a fair Mid-Term investment with a projected 0.45% first-year return on $107k initial cash invested.
0.45%
Cash On Cash
6.59%
Cap Rate
1.1
DSCR
$4,104
Rent
$40
Cashflow
Cash Flow
$4,104 income − $4,064 expenses = $40 cash flow
Investment Breakdown
|
Purchase Price
$423k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$107k
Downpayment
20%
$84,680
Closing costs
1%
$4,234
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,104
Total Expenses
$4,064
Mortgage P&I
52%
$2,121
Property Taxes
10%
$397
Home Insurance
4%
$152
HOA
0%
$0
Property Management
12%
$492
CapEx
4%
$164
Vacancy
3%
$123
Maintenance
4%
$164
Other
11%
$451