This property might be a fair Mid-Term investment with a projected 0.38% first-year return on $163k initial cash invested.
0.38%
Cash On Cash
6.54%
Cap Rate
1.1
DSCR
$6,927
Rent
$51
Cashflow
Cash Flow
$6,927 income − $6,876 expenses = $51 cash flow
Investment Breakdown
|
Purchase Price
$690k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$163k
Downpayment
20%
$138k
Closing costs
1%
$6,898
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$6,927
Total Expenses
$6,876
Mortgage P&I
50%
$3,434
Property Taxes
12%
$842
Home Insurance
4%
$245
HOA
0%
$0
Property Management
12%
$831
CapEx
4%
$277
Vacancy
3%
$208
Maintenance
4%
$277
Other
11%
$762