This property might be a fair Mid-Term investment with a projected 0.19% first-year return on $170k initial cash invested.
0.19%
Cash On Cash
7.02%
Cap Rate
1.09
DSCR
$7,935
Rent
$27
Cashflow
Cash Flow
$7,935 income − $7,908 expenses = $27 cash flow
Investment Breakdown
|
Purchase Price
$723k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$170k
Downpayment
20%
$145k
Closing costs
1%
$7,227
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$7,935
Total Expenses
$7,908
Mortgage P&I
49%
$3,886
Property Taxes
10%
$769
Home Insurance
3%
$276
HOA
4%
$280
Property Management
12%
$952
CapEx
4%
$317
Vacancy
3%
$238
Maintenance
4%
$317
Other
11%
$873