This property might be a fair Mid-Term investment with a projected 0.32% first-year return on $104k initial cash invested.
0.32%
Cash On Cash
6.96%
Cap Rate
1.09
DSCR
$4,449
Rent
$28
Cashflow
Cash Flow
$4,449 income − $4,421 expenses = $28 cash flow
Investment Breakdown
|
Purchase Price
$410k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$104k
Downpayment
20%
$82,040
Closing costs
1%
$4,102
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,449
Total Expenses
$4,421
Mortgage P&I
49%
$2,172
Property Taxes
8%
$337
Home Insurance
3%
$145
HOA
6%
$255
Property Management
12%
$534
CapEx
4%
$178
Vacancy
3%
$133
Maintenance
4%
$178
Other
11%
$489