This property might be a fair Mid-Term investment with a projected 0.24% first-year return on $142k initial cash invested.
0.24%
Cash On Cash
6.68%
Cap Rate
1.08
DSCR
$5,632
Rent
$28
Cashflow
Cash Flow
$5,632 income − $5,604 expenses = $28 cash flow
Investment Breakdown
|
Purchase Price
$590k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$142k
Downpayment
20%
$118k
Closing costs
1%
$5,899
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,632
Total Expenses
$5,604
Mortgage P&I
54%
$3,031
Property Taxes
8%
$452
Home Insurance
4%
$206
HOA
0%
$0
Property Management
12%
$676
CapEx
4%
$225
Vacancy
3%
$169
Maintenance
4%
$225
Other
11%
$620