This property might be a fair Mid-Term investment with a projected 0.53% first-year return on $187k initial cash invested.
0.53%
Cash On Cash
7.03%
Cap Rate
1.1
DSCR
$8,528
Rent
$83
Cashflow
Cash Flow
$8,528 income − $8,445 expenses = $83 cash flow
Investment Breakdown
|
Purchase Price
$807k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$187k
Downpayment
20%
$161k
Closing costs
1%
$8,067
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$8,528
Total Expenses
$8,445
Mortgage P&I
50%
$4,304
Property Taxes
11%
$962
Home Insurance
3%
$280
HOA
0%
$0
Property Management
12%
$1,023
CapEx
4%
$341
Vacancy
3%
$256
Maintenance
4%
$341
Other
11%
$938