This property might be a fair Mid-Term investment with a projected 2.64% first-year return on $137k initial cash invested.
2.64%
Cash On Cash
7.71%
Cap Rate
1.19
DSCR
$7,224
Rent
$302
Cashflow
Cash Flow
$7,224 income − $6,922 expenses = $302 cash flow
Investment Breakdown
|
Purchase Price
$567k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$137k
Downpayment
20%
$113k
Closing costs
1%
$5,669
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$7,224
Total Expenses
$6,922
Mortgage P&I
42%
$3,051
Property Taxes
13%
$935
Home Insurance
3%
$205
HOA
4%
$274
Property Management
12%
$867
CapEx
4%
$289
Vacancy
3%
$217
Maintenance
4%
$289
Other
11%
$795