This property might be a fair Mid-Term investment with a projected 1.21% first-year return on $122k initial cash invested.
1.21%
Cash On Cash
7.25%
Cap Rate
1.13
DSCR
$5,592
Rent
$123
Cashflow
Cash Flow
$5,592 income − $5,469 expenses = $123 cash flow
Investment Breakdown
|
Purchase Price
$498k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$122k
Downpayment
20%
$99,500
Closing costs
1%
$4,975
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$5,592
Total Expenses
$5,469
Mortgage P&I
48%
$2,658
Property Taxes
13%
$701
Home Insurance
3%
$175
HOA
1%
$33
Property Management
12%
$671
CapEx
4%
$224
Vacancy
3%
$168
Maintenance
4%
$224
Other
11%
$615