This property might be a fair Mid-Term investment with a projected 1.57% first-year return on $143k initial cash invested.
1.57%
Cash On Cash
6.96%
Cap Rate
1.14
DSCR
$5,960
Rent
$187
Cashflow
Cash Flow
$5,960 income − $5,773 expenses = $187 cash flow
Investment Breakdown
|
Purchase Price
$594k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$143k
Downpayment
20%
$119k
Closing costs
1%
$5,939
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,960
Total Expenses
$5,773
Mortgage P&I
51%
$3,018
Property Taxes
9%
$519
Home Insurance
4%
$210
HOA
0%
$0
Property Management
12%
$715
CapEx
4%
$238
Vacancy
3%
$179
Maintenance
4%
$238
Other
11%
$656