This property might be a fair Mid-Term investment with a projected 0.5% first-year return on $129k initial cash invested.
0.5%
Cash On Cash
7.44%
Cap Rate
1.09
DSCR
$5,492
Rent
$54
Cashflow
Cash Flow
$5,492 income − $5,438 expenses = $54 cash flow
Investment Breakdown
|
Purchase Price
$527k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$129k
Downpayment
20%
$105k
Closing costs
1%
$5,265
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,492
Total Expenses
$5,438
Mortgage P&I
54%
$2,992
Property Taxes
7%
$386
Home Insurance
4%
$192
HOA
0%
$0
Property Management
12%
$659
CapEx
4%
$220
Vacancy
3%
$165
Maintenance
4%
$220
Other
11%
$604