This property might be a fair Mid-Term investment with a projected 1.49% first-year return on $134k initial cash invested.
1.49%
Cash On Cash
7.44%
Cap Rate
1.13
DSCR
$5,313
Rent
$166
Cashflow
Cash Flow
$5,313 income − $5,147 expenses = $166 cash flow
Investment Breakdown
|
Purchase Price
$550k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$134k
Downpayment
20%
$110k
Closing costs
1%
$5,500
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,313
Total Expenses
$5,147
Mortgage P&I
57%
$3,029
Property Taxes
2%
$119
Home Insurance
4%
$192
HOA
0%
$0
Property Management
12%
$638
CapEx
4%
$213
Vacancy
3%
$159
Maintenance
4%
$213
Other
11%
$584