This property might be a fair Mid-Term investment with a projected 0.38% first-year return on $120k initial cash invested.
0.38%
Cash On Cash
6.81%
Cap Rate
1.09
DSCR
$4,862
Rent
$38
Cashflow
Cash Flow
$4,862 income − $4,824 expenses = $38 cash flow
Investment Breakdown
|
Purchase Price
$486k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$120k
Downpayment
20%
$97,260
Closing costs
1%
$4,863
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,862
Total Expenses
$4,824
Mortgage P&I
52%
$2,527
Property Taxes
9%
$453
Home Insurance
3%
$169
HOA
0%
$23
Property Management
12%
$583
CapEx
4%
$194
Vacancy
3%
$146
Maintenance
4%
$194
Other
11%
$535