This property might be a fair Mid-Term investment with a projected 1.27% first-year return on $164k initial cash invested.
1.27%
Cash On Cash
7.08%
Cap Rate
1.13
DSCR
$7,376
Rent
$174
Cashflow
Cash Flow
$7,376 income − $7,202 expenses = $174 cash flow
Investment Breakdown
|
Purchase Price
$697k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$164k
Downpayment
20%
$139k
Closing costs
1%
$6,970
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$7,376
Total Expenses
$7,202
Mortgage P&I
49%
$3,644
Property Taxes
8%
$590
Home Insurance
3%
$252
HOA
3%
$209
Property Management
12%
$885
CapEx
4%
$295
Vacancy
3%
$221
Maintenance
4%
$295
Other
11%
$811