This property might be a fair Mid-Term investment with a projected 5.47% first-year return on $159k initial cash invested.
5.47%
Cash On Cash
7.99%
Cap Rate
1.3
DSCR
$7,437
Rent
$726
Cashflow
Cash Flow
$7,437 income − $6,711 expenses = $726 cash flow
Investment Breakdown
|
Purchase Price
$673k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$159k
Downpayment
20%
$135k
Closing costs
1%
$6,733
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$7,437
Total Expenses
$6,711
Mortgage P&I
47%
$3,462
Property Taxes
6%
$477
Home Insurance
3%
$245
HOA
0%
$0
Property Management
12%
$892
CapEx
4%
$297
Vacancy
3%
$223
Maintenance
4%
$297
Other
11%
$818