This property might be a fair Mid-Term investment with a projected 3.67% first-year return on $150k initial cash invested.
3.67%
Cash On Cash
7.51%
Cap Rate
1.23
DSCR
$6,807
Rent
$458
Cashflow
Cash Flow
$6,807 income − $6,349 expenses = $458 cash flow
Investment Breakdown
|
Purchase Price
$628k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$150k
Downpayment
20%
$126k
Closing costs
1%
$6,277
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$6,807
Total Expenses
$6,349
Mortgage P&I
47%
$3,198
Property Taxes
9%
$609
Home Insurance
3%
$228
HOA
0%
$0
Property Management
12%
$817
CapEx
4%
$272
Vacancy
3%
$204
Maintenance
4%
$272
Other
11%
$749