This property might be a fair Mid-Term investment with a projected 0.61% first-year return on $158k initial cash invested.
0.61%
Cash On Cash
6.66%
Cap Rate
1.1
DSCR
$6,598
Rent
$80
Cashflow
Cash Flow
$6,598 income − $6,518 expenses = $80 cash flow
Investment Breakdown
|
Purchase Price
$665k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$158k
Downpayment
20%
$133k
Closing costs
1%
$6,647
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$6,598
Total Expenses
$6,518
Mortgage P&I
51%
$3,344
Property Taxes
10%
$689
Home Insurance
4%
$241
HOA
0%
$0
Property Management
12%
$792
CapEx
4%
$264
Vacancy
3%
$198
Maintenance
4%
$264
Other
11%
$726