This property might be a fair Mid-Term investment with a projected 1.27% first-year return on $128k initial cash invested.
1.27%
Cash On Cash
7.42%
Cap Rate
1.12
DSCR
$5,320
Rent
$136
Cashflow
Cash Flow
$5,320 income − $5,184 expenses = $136 cash flow
Investment Breakdown
|
Purchase Price
$525k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$128k
Downpayment
20%
$105k
Closing costs
1%
$5,254
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,320
Total Expenses
$5,184
Mortgage P&I
55%
$2,900
Property Taxes
5%
$284
Home Insurance
4%
$191
HOA
0%
$0
Property Management
12%
$638
CapEx
4%
$213
Vacancy
3%
$160
Maintenance
4%
$213
Other
11%
$585