This property might be a fair Mid-Term investment with a projected 1.57% first-year return on $133k initial cash invested.
1.57%
Cash On Cash
7.04%
Cap Rate
1.14
DSCR
$5,350
Rent
$174
Cashflow
Cash Flow
$5,350 income − $5,176 expenses = $174 cash flow
Investment Breakdown
|
Purchase Price
$549k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$133k
Downpayment
20%
$110k
Closing costs
1%
$5,490
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,350
Total Expenses
$5,176
Mortgage P&I
53%
$2,833
Property Taxes
6%
$333
Home Insurance
4%
$192
HOA
0%
$0
Property Management
12%
$642
CapEx
4%
$214
Vacancy
3%
$160
Maintenance
4%
$214
Other
11%
$588