This property might be a fair Mid-Term investment with a projected 2.87% first-year return on $128k initial cash invested.
2.87%
Cash On Cash
7.6%
Cap Rate
1.19
DSCR
$5,715
Rent
$307
Cashflow
Cash Flow
$5,715 income − $5,408 expenses = $307 cash flow
Investment Breakdown
|
Purchase Price
$525k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$128k
Downpayment
20%
$105k
Closing costs
1%
$5,250
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,715
Total Expenses
$5,408
Mortgage P&I
49%
$2,791
Property Taxes
9%
$489
Home Insurance
3%
$184
HOA
0%
$0
Property Management
12%
$686
CapEx
4%
$229
Vacancy
3%
$171
Maintenance
4%
$229
Other
11%
$629