This property might be a fair Mid-Term investment with a projected 0.68% first-year return on $135k initial cash invested.
0.68%
Cash On Cash
7.01%
Cap Rate
1.1
DSCR
$5,382
Rent
$77
Cashflow
Cash Flow
$5,382 income − $5,305 expenses = $77 cash flow
Investment Breakdown
|
Purchase Price
$559k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$135k
Downpayment
20%
$112k
Closing costs
1%
$5,590
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,382
Total Expenses
$5,305
Mortgage P&I
55%
$2,975
Property Taxes
6%
$305
Home Insurance
4%
$196
HOA
0%
$0
Property Management
12%
$646
CapEx
4%
$215
Vacancy
3%
$161
Maintenance
4%
$215
Other
11%
$592