This property might be a fair Mid-Term investment with a projected 1.34% first-year return on $176k initial cash invested.
1.34%
Cash On Cash
6.85%
Cap Rate
1.13
DSCR
$7,104
Rent
$196
Cashflow
Cash Flow
$7,104 income − $6,908 expenses = $196 cash flow
Investment Breakdown
|
Purchase Price
$750k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$176k
Downpayment
20%
$150k
Closing costs
1%
$7,500
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$7,104
Total Expenses
$6,908
Mortgage P&I
54%
$3,803
Property Taxes
6%
$429
Home Insurance
4%
$262
HOA
0%
$0
Property Management
12%
$852
CapEx
4%
$284
Vacancy
3%
$213
Maintenance
4%
$284
Other
11%
$781