This property might be a fair Mid-Term investment with a projected 1.4% first-year return on $139k initial cash invested.
1.4%
Cash On Cash
7.33%
Cap Rate
1.12
DSCR
$5,682
Rent
$162
Cashflow
Cash Flow
$5,682 income − $5,520 expenses = $162 cash flow
Investment Breakdown
|
Purchase Price
$577k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$139k
Downpayment
20%
$115k
Closing costs
1%
$5,773
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,682
Total Expenses
$5,520
Mortgage P&I
55%
$3,136
Property Taxes
4%
$247
Home Insurance
4%
$206
HOA
0%
$0
Property Management
12%
$682
CapEx
4%
$227
Vacancy
3%
$170
Maintenance
4%
$227
Other
11%
$625