This property might be a fair Mid-Term investment with a projected 9.81% first-year return on $155k initial cash invested.
9.81%
Cash On Cash
9.42%
Cap Rate
1.46
DSCR
$8,928
Rent
$1,267
Cashflow
Cash Flow
$8,928 income − $7,661 expenses = $1,267 cash flow
Investment Breakdown
|
Purchase Price
$653k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$155k
Downpayment
20%
$131k
Closing costs
1%
$6,525
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$8,928
Total Expenses
$7,661
Mortgage P&I
39%
$3,497
Property Taxes
5%
$404
Home Insurance
3%
$243
HOA
5%
$482
Property Management
12%
$1,071
CapEx
4%
$357
Vacancy
3%
$268
Maintenance
4%
$357
Other
11%
$982