This property might be a fair Mid-Term investment with a projected 0.14% first-year return on $129k initial cash invested.
0.14%
Cash On Cash
6.88%
Cap Rate
1.08
DSCR
$5,056
Rent
$15
Cashflow
Cash Flow
$5,056 income − $5,041 expenses = $15 cash flow
Investment Breakdown
|
Purchase Price
$529k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$129k
Downpayment
20%
$106k
Closing costs
1%
$5,291
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,056
Total Expenses
$5,041
Mortgage P&I
56%
$2,815
Property Taxes
6%
$322
Home Insurance
4%
$185
HOA
0%
$0
Property Management
12%
$607
CapEx
4%
$202
Vacancy
3%
$152
Maintenance
4%
$202
Other
11%
$556