This property might be a fair Mid-Term investment with a projected 1.5% first-year return on $161k initial cash invested.
1.5%
Cash On Cash
7.76%
Cap Rate
1.14
DSCR
$8,126
Rent
$202
Cashflow
Cash Flow
$8,126 income − $7,924 expenses = $202 cash flow
Investment Breakdown
|
Purchase Price
$681k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$161k
Downpayment
20%
$136k
Closing costs
1%
$6,814
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$8,126
Total Expenses
$7,924
Mortgage P&I
48%
$3,881
Property Taxes
13%
$1,038
Home Insurance
3%
$242
HOA
0%
$0
Property Management
12%
$975
CapEx
4%
$325
Vacancy
3%
$244
Maintenance
4%
$325
Other
11%
$894