This property might be a fair Mid-Term investment with a projected 0.96% first-year return on $127k initial cash invested.
0.96%
Cash On Cash
6.86%
Cap Rate
1.12
DSCR
$5,421
Rent
$102
Cashflow
Cash Flow
$5,421 income − $5,319 expenses = $102 cash flow
Investment Breakdown
|
Purchase Price
$521k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$127k
Downpayment
20%
$104k
Closing costs
1%
$5,214
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,421
Total Expenses
$5,319
Mortgage P&I
49%
$2,661
Property Taxes
11%
$622
Home Insurance
4%
$192
HOA
0%
$0
Property Management
12%
$651
CapEx
4%
$217
Vacancy
3%
$163
Maintenance
4%
$217
Other
11%
$596