This property might be a fair Mid-Term investment with a projected 5.67% first-year return on $127k initial cash invested.
5.67%
Cash On Cash
8.37%
Cap Rate
1.31
DSCR
$6,292
Rent
$602
Cashflow
Cash Flow
$6,292 income − $5,690 expenses = $602 cash flow
Investment Breakdown
|
Purchase Price
$521k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$127k
Downpayment
20%
$104k
Closing costs
1%
$5,214
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$6,292
Total Expenses
$5,690
Mortgage P&I
44%
$2,784
Property Taxes
9%
$586
Home Insurance
3%
$180
HOA
0%
$0
Property Management
12%
$755
CapEx
4%
$252
Vacancy
3%
$189
Maintenance
4%
$252
Other
11%
$692