This property might be a fair Mid-Term investment with a projected 3.15% first-year return on $125k initial cash invested.
3.15%
Cash On Cash
7.39%
Cap Rate
1.21
DSCR
$5,274
Rent
$328
Cashflow
Cash Flow
$5,274 income − $4,946 expenses = $328 cash flow
Investment Breakdown
|
Purchase Price
$509k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$125k
Downpayment
20%
$102k
Closing costs
1%
$5,092
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$5,274
Total Expenses
$4,946
Mortgage P&I
49%
$2,595
Property Taxes
7%
$380
Home Insurance
3%
$178
HOA
0%
$0
Property Management
12%
$633
CapEx
4%
$211
Vacancy
3%
$158
Maintenance
4%
$211
Other
11%
$580