This property might be a fair Mid-Term investment with a projected 1.55% first-year return on $186k initial cash invested.
1.55%
Cash On Cash
6.96%
Cap Rate
1.14
DSCR
$8,404
Rent
$241
Cashflow
Cash Flow
$8,404 income − $8,163 expenses = $241 cash flow
Investment Breakdown
|
Purchase Price
$800k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$186k
Downpayment
20%
$160k
Closing costs
1%
$8,002
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$8,404
Total Expenses
$8,163
Mortgage P&I
48%
$4,062
Property Taxes
11%
$900
Home Insurance
4%
$345
HOA
0%
$0
Property Management
12%
$1,008
CapEx
4%
$336
Vacancy
3%
$252
Maintenance
4%
$336
Other
11%
$924