This property might be a fair Mid-Term investment with a projected 9.67% first-year return on $158k initial cash invested.
9.67%
Cash On Cash
9.38%
Cap Rate
1.44
DSCR
$8,072
Rent
$1,275
Cashflow
Cash Flow
$8,072 income − $6,797 expenses = $1,275 cash flow
Investment Breakdown
|
Purchase Price
$668k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$158k
Downpayment
20%
$134k
Closing costs
1%
$6,675
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$8,072
Total Expenses
$6,797
Mortgage P&I
45%
$3,618
Property Taxes
2%
$189
Home Insurance
3%
$245
HOA
0%
$0
Property Management
12%
$969
CapEx
4%
$323
Vacancy
3%
$242
Maintenance
4%
$323
Other
11%
$888