This property might be a fair Mid-Term investment with a projected 0.06% first-year return on $134k initial cash invested.
0.06%
Cash On Cash
6.56%
Cap Rate
1.09
DSCR
$5,796
Rent
$7
Cashflow
Cash Flow
$5,796 income − $5,789 expenses = $7 cash flow
Investment Breakdown
|
Purchase Price
$551k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$134k
Downpayment
20%
$110k
Closing costs
1%
$5,510
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,796
Total Expenses
$5,789
Mortgage P&I
48%
$2,774
Property Taxes
15%
$850
Home Insurance
3%
$193
HOA
0%
$0
Property Management
12%
$696
CapEx
4%
$232
Vacancy
3%
$174
Maintenance
4%
$232
Other
11%
$638