This property might be a fair Mid-Term investment with a projected 0.41% first-year return on $196k initial cash invested.
0.41%
Cash On Cash
6.96%
Cap Rate
1.09
DSCR
$8,690
Rent
$67
Cashflow
Cash Flow
$8,690 income − $8,623 expenses = $67 cash flow
Investment Breakdown
|
Purchase Price
$849k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$196k
Downpayment
20%
$170k
Closing costs
1%
$8,490
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$8,690
Total Expenses
$8,623
Mortgage P&I
52%
$4,507
Property Taxes
10%
$863
Home Insurance
3%
$297
HOA
0%
$0
Property Management
12%
$1,043
CapEx
4%
$348
Vacancy
3%
$261
Maintenance
4%
$348
Other
11%
$956