This property might be a fair Mid-Term investment with a projected 0.41% first-year return on $131k initial cash invested.
0.41%
Cash On Cash
7.23%
Cap Rate
1.1
DSCR
$5,954
Rent
$45
Cashflow
Cash Flow
$5,954 income − $5,909 expenses = $45 cash flow
Investment Breakdown
|
Purchase Price
$540k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$131k
Downpayment
20%
$108k
Closing costs
1%
$5,397
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,954
Total Expenses
$5,909
Mortgage P&I
50%
$2,970
Property Taxes
12%
$723
Home Insurance
3%
$192
HOA
0%
$0
Property Management
12%
$714
CapEx
4%
$238
Vacancy
3%
$179
Maintenance
4%
$238
Other
11%
$655