This property might be a fair Mid-Term investment with a projected 5.58% first-year return on $154k initial cash invested.
5.58%
Cash On Cash
8.15%
Cap Rate
1.29
DSCR
$7,076
Rent
$715
Cashflow
Cash Flow
$7,076 income − $6,361 expenses = $715 cash flow
Investment Breakdown
|
Purchase Price
$646k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$154k
Downpayment
20%
$129k
Closing costs
1%
$6,462
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$7,076
Total Expenses
$6,361
Mortgage P&I
48%
$3,392
Property Taxes
4%
$280
Home Insurance
3%
$234
HOA
1%
$50
Property Management
12%
$849
CapEx
4%
$283
Vacancy
3%
$212
Maintenance
4%
$283
Other
11%
$778