This property might be a fair Mid-Term investment with a projected 0.83% first-year return on $140k initial cash invested.
0.83%
Cash On Cash
7.29%
Cap Rate
1.11
DSCR
$6,058
Rent
$96
Cashflow
Cash Flow
$6,058 income − $5,962 expenses = $96 cash flow
Investment Breakdown
|
Purchase Price
$579k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$140k
Downpayment
20%
$116k
Closing costs
1%
$5,790
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$6,058
Total Expenses
$5,962
Mortgage P&I
53%
$3,181
Property Taxes
9%
$519
Home Insurance
3%
$203
HOA
0%
$0
Property Management
12%
$727
CapEx
4%
$242
Vacancy
3%
$182
Maintenance
4%
$242
Other
11%
$666