This property might be a fair Mid-Term investment with a projected 1.64% first-year return on $170k initial cash invested.
1.64%
Cash On Cash
7.48%
Cap Rate
1.13
DSCR
$7,270
Rent
$233
Cashflow
Cash Flow
$7,270 income − $7,037 expenses = $233 cash flow
Investment Breakdown
|
Purchase Price
$725k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$170k
Downpayment
20%
$145k
Closing costs
1%
$7,250
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$7,270
Total Expenses
$7,037
Mortgage P&I
55%
$3,996
Property Taxes
4%
$315
Home Insurance
3%
$254
HOA
0%
$0
Property Management
12%
$872
CapEx
4%
$291
Vacancy
3%
$218
Maintenance
4%
$291
Other
11%
$800