This property might be a fair Mid-Term investment with a projected 0.46% first-year return on $126k initial cash invested.
0.46%
Cash On Cash
7.22%
Cap Rate
1.09
DSCR
$5,236
Rent
$48
Cashflow
Cash Flow
$5,236 income − $5,188 expenses = $48 cash flow
Investment Breakdown
|
Purchase Price
$515k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$126k
Downpayment
20%
$103k
Closing costs
1%
$5,149
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$5,236
Total Expenses
$5,188
Mortgage P&I
54%
$2,842
Property Taxes
7%
$387
Home Insurance
3%
$180
HOA
0%
$0
Property Management
12%
$628
CapEx
4%
$209
Vacancy
3%
$157
Maintenance
4%
$209
Other
11%
$576