This property might be a fair Mid-Term investment with a projected 9.16% first-year return on $133k initial cash invested.
9.16%
Cash On Cash
8.89%
Cap Rate
1.45
DSCR
$6,189
Rent
$1,019
Cashflow
Cash Flow
$6,189 income − $5,170 expenses = $1,019 cash flow
Investment Breakdown
|
Purchase Price
$550k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$133k
Downpayment
20%
$110k
Closing costs
1%
$5,499
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$6,189
Total Expenses
$5,170
Mortgage P&I
45%
$2,807
Property Taxes
1%
$65
Home Insurance
3%
$192
HOA
0%
$0
Property Management
12%
$743
CapEx
4%
$248
Vacancy
3%
$186
Maintenance
4%
$248
Other
11%
$681