This property might be a fair Mid-Term investment with a projected 0.47% first-year return on $131k initial cash invested.
0.47%
Cash On Cash
7.23%
Cap Rate
1.11
DSCR
$6,993
Rent
$51
Cashflow
Cash Flow
$6,993 income − $6,942 expenses = $51 cash flow
Investment Breakdown
|
Purchase Price
$538k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$131k
Downpayment
20%
$108k
Closing costs
1%
$5,384
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$6,993
Total Expenses
$6,942
Mortgage P&I
42%
$2,914
Property Taxes
13%
$933
Home Insurance
3%
$192
HOA
8%
$525
Property Management
12%
$839
CapEx
4%
$280
Vacancy
3%
$210
Maintenance
4%
$280
Other
11%
$769