This property might be a fair Mid-Term investment with a projected 9.08% first-year return on $143k initial cash invested.
9.08%
Cash On Cash
9.35%
Cap Rate
1.44
DSCR
$8,444
Rent
$1,082
Cashflow
Cash Flow
$8,444 income − $7,362 expenses = $1,082 cash flow
Investment Breakdown
|
Purchase Price
$595k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$143k
Downpayment
20%
$119k
Closing costs
1%
$5,949
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$8,444
Total Expenses
$7,362
Mortgage P&I
38%
$3,213
Property Taxes
9%
$720
Home Insurance
3%
$258
HOA
4%
$300
Property Management
12%
$1,013
CapEx
4%
$338
Vacancy
3%
$253
Maintenance
4%
$338
Other
11%
$929