This property might be a fair Mid-Term investment with a projected 8.4% first-year return on $125k initial cash invested.
8.4%
Cash On Cash
8.79%
Cap Rate
1.42
DSCR
$5,760
Rent
$876
Cashflow
Cash Flow
$5,760 income − $4,884 expenses = $876 cash flow
Investment Breakdown
|
Purchase Price
$510k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$125k
Downpayment
20%
$102k
Closing costs
1%
$5,102
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$5,760
Total Expenses
$4,884
Mortgage P&I
46%
$2,633
Property Taxes
2%
$101
Home Insurance
3%
$192
HOA
0%
$0
Property Management
12%
$691
CapEx
4%
$230
Vacancy
3%
$173
Maintenance
4%
$230
Other
11%
$634