This property might be a fair Mid-Term investment with a projected 0.92% first-year return on $123k initial cash invested.
0.92%
Cash On Cash
7.17%
Cap Rate
1.1
DSCR
$4,704
Rent
$94
Cashflow
Cash Flow
$4,704 income − $4,610 expenses = $94 cash flow
Investment Breakdown
|
Purchase Price
$500k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$123k
Downpayment
20%
$100,000
Closing costs
1%
$5,000
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,704
Total Expenses
$4,610
Mortgage P&I
58%
$2,707
Property Taxes
3%
$130
Home Insurance
4%
$175
HOA
0%
$0
Property Management
12%
$564
CapEx
4%
$188
Vacancy
3%
$141
Maintenance
4%
$188
Other
11%
$517