This property might be a fair Mid-Term investment with a projected 1.43% first-year return on $130k initial cash invested.
1.43%
Cash On Cash
7.14%
Cap Rate
1.13
DSCR
$5,362
Rent
$155
Cashflow
Cash Flow
$5,362 income − $5,207 expenses = $155 cash flow
Investment Breakdown
|
Purchase Price
$534k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$130k
Downpayment
20%
$107k
Closing costs
1%
$5,339
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,362
Total Expenses
$5,207
Mortgage P&I
52%
$2,806
Property Taxes
7%
$387
Home Insurance
4%
$192
HOA
0%
$0
Property Management
12%
$643
CapEx
4%
$214
Vacancy
3%
$161
Maintenance
4%
$214
Other
11%
$590