This property might be a fair Mid-Term investment with a projected 4.27% first-year return on $137k initial cash invested.
4.27%
Cash On Cash
7.55%
Cap Rate
1.22
DSCR
$6,194
Rent
$488
Cashflow
Cash Flow
$6,194 income − $5,706 expenses = $488 cash flow
Investment Breakdown
|
Purchase Price
$652k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$137k
Downpayment
20%
$130k
Closing costs
1%
$6,524
Rehab
0%
$0
Furnishing
0%
$1
Cashflow
Total Income
$6,194
Total Expenses
$5,706
Mortgage P&I
54%
$3,366
Property Taxes
0%
$6
Home Insurance
4%
$228
HOA
0%
$0
Property Management
12%
$743
CapEx
4%
$248
Vacancy
3%
$186
Maintenance
4%
$248
Other
11%
$681