This property might be a fair Mid-Term investment with a projected 9.94% first-year return on $143k initial cash invested.
9.94%
Cash On Cash
9.7%
Cap Rate
1.45
DSCR
$8,012
Rent
$1,187
Cashflow
Cash Flow
$8,012 income − $6,825 expenses = $1,187 cash flow
Investment Breakdown
|
Purchase Price
$597k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$143k
Downpayment
20%
$119k
Closing costs
1%
$5,965
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$8,012
Total Expenses
$6,825
Mortgage P&I
41%
$3,313
Property Taxes
7%
$581
Home Insurance
3%
$209
HOA
0%
$0
Property Management
12%
$961
CapEx
4%
$320
Vacancy
3%
$240
Maintenance
4%
$320
Other
11%
$881