This property might be a fair Mid-Term investment with a projected 0.72% first-year return on $162k initial cash invested.
0.72%
Cash On Cash
6.86%
Cap Rate
1.11
DSCR
$7,557
Rent
$97
Cashflow
Cash Flow
$7,557 income − $7,460 expenses = $97 cash flow
Investment Breakdown
|
Purchase Price
$685k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$162k
Downpayment
20%
$137k
Closing costs
1%
$6,850
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$7,557
Total Expenses
$7,460
Mortgage P&I
47%
$3,517
Property Taxes
14%
$1,034
Home Insurance
3%
$240
HOA
1%
$100
Property Management
12%
$907
CapEx
4%
$302
Vacancy
3%
$227
Maintenance
4%
$302
Other
11%
$831