This property might be a fair Mid-Term investment with a projected 0.61% first-year return on $144k initial cash invested.
0.61%
Cash On Cash
7.22%
Cap Rate
1.1
DSCR
$6,122
Rent
$73
Cashflow
Cash Flow
$6,122 income − $6,049 expenses = $73 cash flow
Investment Breakdown
|
Purchase Price
$602k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$144k
Downpayment
20%
$120k
Closing costs
1%
$6,016
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$6,122
Total Expenses
$6,049
Mortgage P&I
54%
$3,302
Property Taxes
7%
$446
Home Insurance
4%
$219
HOA
0%
$0
Property Management
12%
$735
CapEx
4%
$245
Vacancy
3%
$184
Maintenance
4%
$245
Other
11%
$673