This property might be a fair Mid-Term investment with a projected 1.08% first-year return on $143k initial cash invested.
1.08%
Cash On Cash
6.88%
Cap Rate
1.12
DSCR
$5,871
Rent
$129
Cashflow
Cash Flow
$5,871 income − $5,742 expenses = $129 cash flow
Investment Breakdown
|
Purchase Price
$594k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$143k
Downpayment
20%
$119k
Closing costs
1%
$5,937
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,871
Total Expenses
$5,742
Mortgage P&I
52%
$3,038
Property Taxes
8%
$455
Home Insurance
4%
$210
HOA
1%
$42
Property Management
12%
$705
CapEx
4%
$235
Vacancy
3%
$176
Maintenance
4%
$235
Other
11%
$646