This property might be a fair Mid-Term investment with a projected 0.7% first-year return on $132k initial cash invested.
0.7%
Cash On Cash
6.72%
Cap Rate
1.11
DSCR
$5,294
Rent
$77
Cashflow
Cash Flow
$5,294 income − $5,217 expenses = $77 cash flow
Investment Breakdown
|
Purchase Price
$541k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$132k
Downpayment
20%
$108k
Closing costs
1%
$5,409
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,294
Total Expenses
$5,217
Mortgage P&I
52%
$2,741
Property Taxes
9%
$484
Home Insurance
4%
$192
HOA
0%
$0
Property Management
12%
$635
CapEx
4%
$212
Vacancy
3%
$159
Maintenance
4%
$212
Other
11%
$582