This property might be a fair Mid-Term investment with a projected 4.44% first-year return on $165k initial cash invested.
4.44%
Cash On Cash
7.9%
Cap Rate
1.25
DSCR
$7,809
Rent
$611
Cashflow
Cash Flow
$7,809 income − $7,198 expenses = $611 cash flow
Investment Breakdown
|
Purchase Price
$700k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$165k
Downpayment
20%
$140k
Closing costs
1%
$7,000
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$7,809
Total Expenses
$7,198
Mortgage P&I
47%
$3,686
Property Taxes
8%
$613
Home Insurance
3%
$245
HOA
0%
$0
Property Management
12%
$937
CapEx
4%
$312
Vacancy
3%
$234
Maintenance
4%
$312
Other
11%
$859