This property might be a fair Mid-Term investment with a projected 2.02% first-year return on $137k initial cash invested.
2.02%
Cash On Cash
7.47%
Cap Rate
1.16
DSCR
$6,117
Rent
$231
Cashflow
Cash Flow
$6,117 income − $5,886 expenses = $231 cash flow
Investment Breakdown
|
Purchase Price
$568k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$137k
Downpayment
20%
$114k
Closing costs
1%
$5,676
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$6,117
Total Expenses
$5,886
Mortgage P&I
50%
$3,059
Property Taxes
8%
$518
Home Insurance
3%
$201
HOA
0%
$27
Property Management
12%
$734
CapEx
4%
$245
Vacancy
3%
$184
Maintenance
4%
$245
Other
11%
$673