This property might be a fair Mid-Term investment with a projected 0.2% first-year return on $110k initial cash invested.
0.2%
Cash On Cash
7.09%
Cap Rate
1.09
DSCR
$4,704
Rent
$18
Cashflow
Cash Flow
$4,704 income − $4,686 expenses = $18 cash flow
Investment Breakdown
|
Purchase Price
$440k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$110k
Downpayment
20%
$87,960
Closing costs
1%
$4,398
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,704
Total Expenses
$4,686
Mortgage P&I
51%
$2,394
Property Taxes
12%
$542
Home Insurance
3%
$152
HOA
0%
$0
Property Management
12%
$564
CapEx
4%
$188
Vacancy
3%
$141
Maintenance
4%
$188
Other
11%
$517