This property might be a fair Mid-Term investment with a projected 1.52% first-year return on $119k initial cash invested.
1.52%
Cash On Cash
7.46%
Cap Rate
1.13
DSCR
$5,016
Rent
$150
Cashflow
Cash Flow
$5,016 income − $4,866 expenses = $150 cash flow
Investment Breakdown
|
Purchase Price
$480k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$119k
Downpayment
20%
$95,960
Closing costs
1%
$4,798
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$5,016
Total Expenses
$4,866
Mortgage P&I
52%
$2,630
Property Taxes
7%
$372
Home Insurance
3%
$158
HOA
0%
$0
Property Management
12%
$602
CapEx
4%
$201
Vacancy
3%
$150
Maintenance
4%
$201
Other
11%
$552