This property might be a fair Mid-Term investment with a projected 0.77% first-year return on $127k initial cash invested.
0.77%
Cash On Cash
7.22%
Cap Rate
1.11
DSCR
$5,896
Rent
$82
Cashflow
Cash Flow
$5,896 income − $5,814 expenses = $82 cash flow
Investment Breakdown
|
Purchase Price
$519k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$127k
Downpayment
20%
$104k
Closing costs
1%
$5,190
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,896
Total Expenses
$5,814
Mortgage P&I
48%
$2,805
Property Taxes
14%
$821
Home Insurance
3%
$182
HOA
0%
$0
Property Management
12%
$708
CapEx
4%
$236
Vacancy
3%
$177
Maintenance
4%
$236
Other
11%
$649