This property might be a fair Mid-Term investment with a projected 1% first-year return on $134k initial cash invested.
1%
Cash On Cash
6.89%
Cap Rate
1.12
DSCR
$5,392
Rent
$111
Cashflow
Cash Flow
$5,392 income − $5,281 expenses = $111 cash flow
Investment Breakdown
|
Purchase Price
$550k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$134k
Downpayment
20%
$110k
Closing costs
1%
$5,500
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,392
Total Expenses
$5,281
Mortgage P&I
53%
$2,832
Property Taxes
8%
$419
Home Insurance
4%
$196
HOA
0%
$0
Property Management
12%
$647
CapEx
4%
$216
Vacancy
3%
$162
Maintenance
4%
$216
Other
11%
$593