This property might be a fair Mid-Term investment with a projected 0.17% first-year return on $171k initial cash invested.
0.17%
Cash On Cash
7.03%
Cap Rate
1.07
DSCR
$6,705
Rent
$24
Cashflow
Cash Flow
$6,705 income − $6,681 expenses = $24 cash flow
Investment Breakdown
|
Purchase Price
$729k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$171k
Downpayment
20%
$146k
Closing costs
1%
$7,290
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$6,705
Total Expenses
$6,681
Mortgage P&I
59%
$3,978
Property Taxes
1%
$75
Home Insurance
4%
$255
HOA
1%
$93
Property Management
12%
$805
CapEx
4%
$268
Vacancy
3%
$201
Maintenance
4%
$268
Other
11%
$738