This property might be a fair Mid-Term investment with a projected 0.27% first-year return on $123k initial cash invested.
0.27%
Cash On Cash
6.93%
Cap Rate
1.08
DSCR
$4,532
Rent
$28
Cashflow
Cash Flow
$4,532 income − $4,504 expenses = $28 cash flow
Investment Breakdown
|
Purchase Price
$500k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$123k
Downpayment
20%
$99,946
Closing costs
1%
$4,997
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,532
Total Expenses
$4,504
Mortgage P&I
59%
$2,679
Property Taxes
2%
$109
Home Insurance
4%
$175
HOA
0%
$0
Property Management
12%
$544
CapEx
4%
$181
Vacancy
3%
$136
Maintenance
4%
$181
Other
11%
$499