This property might be a fair Mid-Term investment with a projected 1.36% first-year return on $110k initial cash invested.
1.36%
Cash On Cash
7.17%
Cap Rate
1.16
DSCR
$5,736
Rent
$124
Cashflow
Cash Flow
$5,736 income − $5,612 expenses = $124 cash flow
Investment Breakdown
|
Purchase Price
$436k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$110k
Downpayment
20%
$87,280
Closing costs
1%
$4,364
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$5,736
Total Expenses
$5,612
Mortgage P&I
39%
$2,256
Property Taxes
14%
$775
Home Insurance
3%
$157
HOA
8%
$475
Property Management
12%
$688
CapEx
4%
$229
Vacancy
3%
$172
Maintenance
4%
$229
Other
11%
$631