This property might be a fair Mid-Term investment with a projected 1.49% first-year return on $126k initial cash invested.
1.49%
Cash On Cash
7.04%
Cap Rate
1.13
DSCR
$4,616
Rent
$157
Cashflow
Cash Flow
$4,616 income − $4,459 expenses = $157 cash flow
Investment Breakdown
|
Purchase Price
$515k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$126k
Downpayment
20%
$103k
Closing costs
1%
$5,154
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,616
Total Expenses
$4,459
Mortgage P&I
58%
$2,681
Property Taxes
0%
$5
Home Insurance
4%
$203
HOA
0%
$0
Property Management
12%
$554
CapEx
4%
$185
Vacancy
3%
$138
Maintenance
4%
$185
Other
11%
$508