This property might be a fair Mid-Term investment with a projected 8.08% first-year return on $128k initial cash invested.
8.08%
Cash On Cash
8.63%
Cap Rate
1.41
DSCR
$5,862
Rent
$864
Cashflow
Cash Flow
$5,862 income − $4,998 expenses = $864 cash flow
Investment Breakdown
|
Purchase Price
$525k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$128k
Downpayment
20%
$105k
Closing costs
1%
$5,250
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,862
Total Expenses
$4,998
Mortgage P&I
46%
$2,678
Property Taxes
2%
$144
Home Insurance
3%
$184
HOA
0%
$0
Property Management
12%
$703
CapEx
4%
$234
Vacancy
3%
$176
Maintenance
4%
$234
Other
11%
$645