This property might be a fair Mid-Term investment with a projected 0.73% first-year return on $119k initial cash invested.
0.73%
Cash On Cash
6.76%
Cap Rate
1.11
DSCR
$4,707
Rent
$72
Cashflow
Cash Flow
$4,707 income − $4,635 expenses = $72 cash flow
Investment Breakdown
|
Purchase Price
$480k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$119k
Downpayment
20%
$95,980
Closing costs
1%
$4,799
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,707
Total Expenses
$4,635
Mortgage P&I
52%
$2,443
Property Taxes
9%
$424
Home Insurance
4%
$168
HOA
0%
$0
Property Management
12%
$565
CapEx
4%
$188
Vacancy
3%
$141
Maintenance
4%
$188
Other
11%
$518