This property might be a fair Mid-Term investment with a projected 0.85% first-year return on $138k initial cash invested.
0.85%
Cash On Cash
7.12%
Cap Rate
1.11
DSCR
$5,884
Rent
$98
Cashflow
Cash Flow
$5,884 income − $5,786 expenses = $98 cash flow
Investment Breakdown
|
Purchase Price
$570k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$138k
Downpayment
20%
$114k
Closing costs
1%
$5,700
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,884
Total Expenses
$5,786
Mortgage P&I
52%
$3,048
Property Taxes
7%
$417
Home Insurance
3%
$200
HOA
2%
$121
Property Management
12%
$706
CapEx
4%
$235
Vacancy
3%
$177
Maintenance
4%
$235
Other
11%
$647