This property might be a fair Mid-Term investment with a projected 0.08% first-year return on $186k initial cash invested.
0.08%
Cash On Cash
6.74%
Cap Rate
1.08
DSCR
$7,742
Rent
$13
Cashflow
Cash Flow
$7,742 income − $7,729 expenses = $13 cash flow
Investment Breakdown
|
Purchase Price
$799k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$186k
Downpayment
20%
$160k
Closing costs
1%
$7,990
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$7,742
Total Expenses
$7,729
Mortgage P&I
54%
$4,166
Property Taxes
8%
$650
Home Insurance
4%
$280
HOA
0%
$0
Property Management
12%
$929
CapEx
4%
$310
Vacancy
3%
$232
Maintenance
4%
$310
Other
11%
$852