This property might be a fair Mid-Term investment with a projected 0.1% first-year return on $171k initial cash invested.
0.1%
Cash On Cash
6.86%
Cap Rate
1.08
DSCR
$7,137
Rent
$14
Cashflow
Cash Flow
$7,137 income − $7,123 expenses = $14 cash flow
Investment Breakdown
|
Purchase Price
$729k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$171k
Downpayment
20%
$146k
Closing costs
1%
$7,293
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$7,137
Total Expenses
$7,123
Mortgage P&I
54%
$3,868
Property Taxes
8%
$568
Home Insurance
4%
$262
HOA
0%
$0
Property Management
12%
$856
CapEx
4%
$285
Vacancy
3%
$214
Maintenance
4%
$285
Other
11%
$785