This property might be a fair Mid-Term investment with a projected 4.55% first-year return on $126k initial cash invested.
4.55%
Cash On Cash
7.82%
Cap Rate
1.27
DSCR
$5,919
Rent
$478
Cashflow
Cash Flow
$5,919 income − $5,441 expenses = $478 cash flow
Investment Breakdown
|
Purchase Price
$515k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$126k
Downpayment
20%
$103k
Closing costs
1%
$5,150
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$5,919
Total Expenses
$5,441
Mortgage P&I
45%
$2,642
Property Taxes
10%
$611
Home Insurance
3%
$175
HOA
0%
$0
Property Management
12%
$710
CapEx
4%
$237
Vacancy
3%
$178
Maintenance
4%
$237
Other
11%
$651