This property might be a fair Mid-Term investment with a projected 7.39% first-year return on $128k initial cash invested.
7.39%
Cash On Cash
8.74%
Cap Rate
1.37
DSCR
$5,982
Rent
$789
Cashflow
Cash Flow
$5,982 income − $5,193 expenses = $789 cash flow
Investment Breakdown
|
Purchase Price
$524k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$128k
Downpayment
20%
$105k
Closing costs
1%
$5,241
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,982
Total Expenses
$5,193
Mortgage P&I
47%
$2,788
Property Taxes
4%
$228
Home Insurance
2%
$144
HOA
0%
$0
Property Management
12%
$718
CapEx
4%
$239
Vacancy
3%
$179
Maintenance
4%
$239
Other
11%
$658