This property might be a fair Mid-Term investment with a projected 2.06% first-year return on $124k initial cash invested.
2.06%
Cash On Cash
7.54%
Cap Rate
1.16
DSCR
$5,782
Rent
$212
Cashflow
Cash Flow
$5,782 income − $5,570 expenses = $212 cash flow
Investment Breakdown
|
Purchase Price
$504k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$124k
Downpayment
20%
$101k
Closing costs
1%
$5,035
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$5,782
Total Expenses
$5,570
Mortgage P&I
47%
$2,721
Property Taxes
12%
$706
Home Insurance
3%
$178
HOA
0%
$0
Property Management
12%
$694
CapEx
4%
$231
Vacancy
3%
$173
Maintenance
4%
$231
Other
11%
$636