This property might be a fair Mid-Term investment with a projected 4.16% first-year return on $158k initial cash invested.
4.16%
Cash On Cash
8.07%
Cap Rate
1.23
DSCR
$7,298
Rent
$548
Cashflow
Cash Flow
$7,298 income − $6,750 expenses = $548 cash flow
Investment Breakdown
|
Purchase Price
$667k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$158k
Downpayment
20%
$133k
Closing costs
1%
$6,667
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$7,298
Total Expenses
$6,750
Mortgage P&I
50%
$3,646
Property Taxes
5%
$377
Home Insurance
3%
$245
HOA
0%
$0
Property Management
12%
$876
CapEx
4%
$292
Vacancy
3%
$219
Maintenance
4%
$292
Other
11%
$803