This property might be a fair Mid-Term investment with a projected 0.21% first-year return on $126k initial cash invested.
0.21%
Cash On Cash
7.24%
Cap Rate
1.08
DSCR
$5,361
Rent
$22
Cashflow
Cash Flow
$5,361 income − $5,339 expenses = $22 cash flow
Investment Breakdown
|
Purchase Price
$516k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$126k
Downpayment
20%
$103k
Closing costs
1%
$5,157
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,361
Total Expenses
$5,339
Mortgage P&I
54%
$2,874
Property Taxes
9%
$461
Home Insurance
3%
$182
HOA
0%
$0
Property Management
12%
$643
CapEx
4%
$214
Vacancy
3%
$161
Maintenance
4%
$214
Other
11%
$590