This property might be a fair Mid-Term investment with a projected 0.56% first-year return on $129k initial cash invested.
0.56%
Cash On Cash
7.12%
Cap Rate
1.09
DSCR
$4,888
Rent
$60
Cashflow
Cash Flow
$4,888 income − $4,828 expenses = $60 cash flow
Investment Breakdown
|
Purchase Price
$531k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$129k
Downpayment
20%
$106k
Closing costs
1%
$5,306
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,888
Total Expenses
$4,828
Mortgage P&I
59%
$2,891
Property Taxes
2%
$81
Home Insurance
4%
$192
HOA
0%
$0
Property Management
12%
$587
CapEx
4%
$196
Vacancy
3%
$147
Maintenance
4%
$196
Other
11%
$538