This property might be a fair Mid-Term investment with a projected 1.1% first-year return on $127k initial cash invested.
1.1%
Cash On Cash
6.87%
Cap Rate
1.12
DSCR
$5,016
Rent
$117
Cashflow
Cash Flow
$5,016 income − $4,899 expenses = $117 cash flow
Investment Breakdown
|
Purchase Price
$520k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$127k
Downpayment
20%
$104k
Closing costs
1%
$5,200
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,016
Total Expenses
$4,899
Mortgage P&I
53%
$2,658
Property Taxes
7%
$351
Home Insurance
4%
$184
HOA
0%
$0
Property Management
12%
$602
CapEx
4%
$201
Vacancy
3%
$150
Maintenance
4%
$201
Other
11%
$552