This property might be a fair Mid-Term investment with a projected 0.35% first-year return on $139k initial cash invested.
0.35%
Cash On Cash
6.68%
Cap Rate
1.09
DSCR
$5,740
Rent
$41
Cashflow
Cash Flow
$5,740 income − $5,699 expenses = $41 cash flow
Investment Breakdown
|
Purchase Price
$575k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$139k
Downpayment
20%
$115k
Closing costs
1%
$5,750
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,740
Total Expenses
$5,699
Mortgage P&I
51%
$2,930
Property Taxes
11%
$616
Home Insurance
4%
$201
HOA
0%
$0
Property Management
12%
$689
CapEx
4%
$230
Vacancy
3%
$172
Maintenance
4%
$230
Other
11%
$631