This property might be a fair Mid-Term investment with a projected 0.68% first-year return on $165k initial cash invested.
0.68%
Cash On Cash
7.18%
Cap Rate
1.1
DSCR
$7,410
Rent
$93
Cashflow
Cash Flow
$7,410 income − $7,317 expenses = $93 cash flow
Investment Breakdown
|
Purchase Price
$701k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$165k
Downpayment
20%
$140k
Closing costs
1%
$7,009
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$7,410
Total Expenses
$7,317
Mortgage P&I
51%
$3,805
Property Taxes
10%
$749
Home Insurance
3%
$245
HOA
0%
$0
Property Management
12%
$889
CapEx
4%
$296
Vacancy
3%
$222
Maintenance
4%
$296
Other
11%
$815