This property might be a fair Mid-Term investment with a projected 0.73% first-year return on $121k initial cash invested.
0.73%
Cash On Cash
6.76%
Cap Rate
1.11
DSCR
$5,190
Rent
$73
Cashflow
Cash Flow
$5,190 income − $5,117 expenses = $73 cash flow
Investment Breakdown
|
Purchase Price
$489k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$121k
Downpayment
20%
$97,800
Closing costs
1%
$4,890
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$5,190
Total Expenses
$5,117
Mortgage P&I
48%
$2,473
Property Taxes
14%
$707
Home Insurance
3%
$171
HOA
0%
$0
Property Management
12%
$623
CapEx
4%
$208
Vacancy
3%
$156
Maintenance
4%
$208
Other
11%
$571