This property might be a fair Mid-Term investment with a projected 1.08% first-year return on $131k initial cash invested.
1.08%
Cash On Cash
6.88%
Cap Rate
1.12
DSCR
$5,562
Rent
$118
Cashflow
Cash Flow
$5,562 income − $5,444 expenses = $118 cash flow
Investment Breakdown
|
Purchase Price
$536k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$131k
Downpayment
20%
$107k
Closing costs
1%
$5,362
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,562
Total Expenses
$5,444
Mortgage P&I
49%
$2,736
Property Taxes
11%
$629
Home Insurance
3%
$189
HOA
0%
$0
Property Management
12%
$667
CapEx
4%
$222
Vacancy
3%
$167
Maintenance
4%
$222
Other
11%
$612