This property might be a fair Mid-Term investment with a projected 0.84% first-year return on $131k initial cash invested.
0.84%
Cash On Cash
6.7%
Cap Rate
1.12
DSCR
$5,499
Rent
$92
Cashflow
Cash Flow
$5,499 income − $5,407 expenses = $92 cash flow
Investment Breakdown
|
Purchase Price
$540k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$131k
Downpayment
20%
$108k
Closing costs
1%
$5,400
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,499
Total Expenses
$5,407
Mortgage P&I
49%
$2,702
Property Taxes
12%
$646
Home Insurance
3%
$189
HOA
0%
$0
Property Management
12%
$660
CapEx
4%
$220
Vacancy
3%
$165
Maintenance
4%
$220
Other
11%
$605