This property might be a fair Mid-Term investment with a projected 2.19% first-year return on $170k initial cash invested.
2.19%
Cash On Cash
7.52%
Cap Rate
1.15
DSCR
$6,933
Rent
$310
Cashflow
Cash Flow
$6,933 income − $6,623 expenses = $310 cash flow
Investment Breakdown
|
Purchase Price
$722k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$170k
Downpayment
20%
$144k
Closing costs
1%
$7,221
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$6,933
Total Expenses
$6,623
Mortgage P&I
57%
$3,938
Property Taxes
1%
$66
Home Insurance
4%
$262
HOA
0%
$0
Property Management
12%
$832
CapEx
4%
$277
Vacancy
3%
$208
Maintenance
4%
$277
Other
11%
$763