This property might be a fair Mid-Term investment with a projected 0.73% first-year return on $139k initial cash invested.
0.73%
Cash On Cash
7.46%
Cap Rate
1.1
DSCR
$5,816
Rent
$85
Cashflow
Cash Flow
$5,816 income − $5,731 expenses = $85 cash flow
Investment Breakdown
|
Purchase Price
$578k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$139k
Downpayment
20%
$116k
Closing costs
1%
$5,776
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,816
Total Expenses
$5,731
Mortgage P&I
56%
$3,275
Property Taxes
5%
$268
Home Insurance
4%
$210
HOA
0%
$0
Property Management
12%
$698
CapEx
4%
$233
Vacancy
3%
$174
Maintenance
4%
$233
Other
11%
$640