This property might be a fair Mid-Term investment with a projected 0.47% first-year return on $126k initial cash invested.
0.47%
Cash On Cash
6.82%
Cap Rate
1.09
DSCR
$5,002
Rent
$49
Cashflow
Cash Flow
$5,002 income − $4,953 expenses = $49 cash flow
Investment Breakdown
|
Purchase Price
$512k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$126k
Downpayment
20%
$102k
Closing costs
1%
$5,120
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$5,002
Total Expenses
$4,953
Mortgage P&I
53%
$2,663
Property Taxes
8%
$402
Home Insurance
4%
$188
HOA
0%
$0
Property Management
12%
$600
CapEx
4%
$200
Vacancy
3%
$150
Maintenance
4%
$200
Other
11%
$550