This property might be a fair Mid-Term investment with a projected 9.66% first-year return on $127k initial cash invested.
9.66%
Cash On Cash
9.52%
Cap Rate
1.46
DSCR
$6,710
Rent
$1,020
Cashflow
Cash Flow
$6,710 income − $5,690 expenses = $1,020 cash flow
Investment Breakdown
|
Purchase Price
$518k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$127k
Downpayment
20%
$104k
Closing costs
1%
$5,177
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$6,710
Total Expenses
$5,690
Mortgage P&I
42%
$2,817
Property Taxes
6%
$401
Home Insurance
3%
$192
HOA
0%
$0
Property Management
12%
$805
CapEx
4%
$268
Vacancy
3%
$201
Maintenance
4%
$268
Other
11%
$738