This property might be a fair Mid-Term investment with a projected 2.69% first-year return on $138k initial cash invested.
2.69%
Cash On Cash
7.37%
Cap Rate
1.18
DSCR
$5,523
Rent
$309
Cashflow
Cash Flow
$5,523 income − $5,214 expenses = $309 cash flow
Investment Breakdown
|
Purchase Price
$570k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$138k
Downpayment
20%
$114k
Closing costs
1%
$5,700
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,523
Total Expenses
$5,214
Mortgage P&I
54%
$2,969
Property Taxes
3%
$166
Home Insurance
4%
$200
HOA
0%
$0
Property Management
12%
$663
CapEx
4%
$221
Vacancy
3%
$166
Maintenance
4%
$221
Other
11%
$608