This property might be a fair Mid-Term investment with a projected 0.75% first-year return on $151k initial cash invested.
0.75%
Cash On Cash
7.34%
Cap Rate
1.11
DSCR
$6,951
Rent
$95
Cashflow
Cash Flow
$6,951 income − $6,856 expenses = $95 cash flow
Investment Breakdown
|
Purchase Price
$634k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$151k
Downpayment
20%
$127k
Closing costs
1%
$6,343
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$6,951
Total Expenses
$6,856
Mortgage P&I
50%
$3,508
Property Taxes
10%
$694
Home Insurance
4%
$290
HOA
0%
$0
Property Management
12%
$834
CapEx
4%
$278
Vacancy
3%
$209
Maintenance
4%
$278
Other
11%
$765