This property might be a fair Mid-Term investment with a projected 1.23% first-year return on $127k initial cash invested.
1.23%
Cash On Cash
7.53%
Cap Rate
1.12
DSCR
$5,388
Rent
$130
Cashflow
Cash Flow
$5,388 income − $5,258 expenses = $130 cash flow
Investment Breakdown
|
Purchase Price
$520k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$127k
Downpayment
20%
$104k
Closing costs
1%
$5,203
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,388
Total Expenses
$5,258
Mortgage P&I
54%
$2,921
Property Taxes
6%
$331
Home Insurance
3%
$172
HOA
0%
$0
Property Management
12%
$647
CapEx
4%
$216
Vacancy
3%
$162
Maintenance
4%
$216
Other
11%
$593