This property might be a fair Mid-Term investment with a projected 0.34% first-year return on $118k initial cash invested.
0.34%
Cash On Cash
7.13%
Cap Rate
1.09
DSCR
$4,812
Rent
$33
Cashflow
Cash Flow
$4,812 income − $4,779 expenses = $33 cash flow
Investment Breakdown
|
Purchase Price
$475k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$118k
Downpayment
20%
$94,980
Closing costs
1%
$4,749
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,812
Total Expenses
$4,779
Mortgage P&I
54%
$2,598
Property Taxes
8%
$381
Home Insurance
3%
$166
HOA
0%
$0
Property Management
12%
$577
CapEx
4%
$192
Vacancy
3%
$144
Maintenance
4%
$192
Other
11%
$529