This property might be a fair Mid-Term investment with a projected 0.39% first-year return on $107k initial cash invested.
0.39%
Cash On Cash
6.66%
Cap Rate
1.09
DSCR
$4,230
Rent
$35
Cashflow
Cash Flow
$4,230 income − $4,195 expenses = $35 cash flow
Investment Breakdown
|
Purchase Price
$425k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$107k
Downpayment
20%
$85,000
Closing costs
1%
$4,250
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,230
Total Expenses
$4,195
Mortgage P&I
51%
$2,153
Property Taxes
11%
$455
Home Insurance
4%
$149
HOA
0%
$0
Property Management
12%
$508
CapEx
4%
$169
Vacancy
3%
$127
Maintenance
4%
$169
Other
11%
$465