This property might be a fair Mid-Term investment with a projected 7.45% first-year return on $213k initial cash invested.
7.45%
Cash On Cash
8.32%
Cap Rate
1.37
DSCR
$10,474
Rent
$1,325
Cashflow
Cash Flow
$10,474 income − $9,149 expenses = $1,325 cash flow
Investment Breakdown
|
Purchase Price
$930k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$213k
Downpayment
20%
$186k
Closing costs
1%
$9,304
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$10,474
Total Expenses
$9,149
Mortgage P&I
45%
$4,705
Property Taxes
5%
$498
Home Insurance
4%
$385
HOA
0%
$0
Property Management
12%
$1,257
CapEx
4%
$419
Vacancy
3%
$314
Maintenance
4%
$419
Other
11%
$1,152