This property might be a fair Mid-Term investment with a projected 0.86% first-year return on $131k initial cash invested.
0.86%
Cash On Cash
7.19%
Cap Rate
1.12
DSCR
$6,132
Rent
$94
Cashflow
Cash Flow
$6,132 income − $6,038 expenses = $94 cash flow
Investment Breakdown
|
Purchase Price
$539k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$131k
Downpayment
20%
$108k
Closing costs
1%
$5,386
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$6,132
Total Expenses
$6,038
Mortgage P&I
47%
$2,890
Property Taxes
14%
$848
Home Insurance
3%
$194
HOA
0%
$21
Property Management
12%
$736
CapEx
4%
$245
Vacancy
3%
$184
Maintenance
4%
$245
Other
11%
$675