This property might be a fair Mid-Term investment with a projected 0.16% first-year return on $108k initial cash invested.
0.16%
Cash On Cash
7.23%
Cap Rate
1.08
DSCR
$4,246
Rent
$14
Cashflow
Cash Flow
$4,246 income − $4,232 expenses = $14 cash flow
Investment Breakdown
|
Purchase Price
$427k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$108k
Downpayment
20%
$85,480
Closing costs
1%
$4,274
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,246
Total Expenses
$4,232
Mortgage P&I
56%
$2,390
Property Taxes
6%
$247
Home Insurance
4%
$151
HOA
0%
$0
Property Management
12%
$510
CapEx
4%
$170
Vacancy
3%
$127
Maintenance
4%
$170
Other
11%
$467