This property might be a fair Mid-Term investment with a projected 5.17% first-year return on $137k initial cash invested.
5.17%
Cash On Cash
8.38%
Cap Rate
1.28
DSCR
$6,718
Rent
$589
Cashflow
Cash Flow
$6,718 income − $6,129 expenses = $589 cash flow
Investment Breakdown
|
Purchase Price
$565k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$137k
Downpayment
20%
$113k
Closing costs
1%
$5,650
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$6,718
Total Expenses
$6,129
Mortgage P&I
46%
$3,087
Property Taxes
8%
$559
Home Insurance
3%
$198
HOA
0%
$0
Property Management
12%
$806
CapEx
4%
$269
Vacancy
3%
$202
Maintenance
4%
$269
Other
11%
$739