This property might be a fair Mid-Term investment with a projected 0.56% first-year return on $142k initial cash invested.
0.56%
Cash On Cash
7.09%
Cap Rate
1.09
DSCR
$5,436
Rent
$67
Cashflow
Cash Flow
$5,436 income − $5,369 expenses = $67 cash flow
Investment Breakdown
|
Purchase Price
$592k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$142k
Downpayment
20%
$118k
Closing costs
1%
$5,921
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,436
Total Expenses
$5,369
Mortgage P&I
59%
$3,216
Property Taxes
2%
$96
Home Insurance
4%
$210
HOA
0%
$0
Property Management
12%
$652
CapEx
4%
$217
Vacancy
3%
$163
Maintenance
4%
$217
Other
11%
$598