This property might be a fair Mid-Term investment with a projected 0.76% first-year return on $140k initial cash invested.
0.76%
Cash On Cash
7.1%
Cap Rate
1.1
DSCR
$5,940
Rent
$88
Cashflow
Cash Flow
$5,940 income − $5,852 expenses = $88 cash flow
Investment Breakdown
|
Purchase Price
$580k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$140k
Downpayment
20%
$116k
Closing costs
1%
$5,800
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,940
Total Expenses
$5,852
Mortgage P&I
52%
$3,107
Property Taxes
9%
$524
Home Insurance
3%
$201
HOA
0%
$0
Property Management
12%
$713
CapEx
4%
$238
Vacancy
3%
$178
Maintenance
4%
$238
Other
11%
$653