This property might be a fair Mid-Term investment with a projected 0.03% first-year return on $134k initial cash invested.
0.03%
Cash On Cash
6.85%
Cap Rate
1.07
DSCR
$5,224
Rent
$3
Cashflow
Cash Flow
$5,224 income − $5,221 expenses = $3 cash flow
Investment Breakdown
|
Purchase Price
$550k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$134k
Downpayment
20%
$110k
Closing costs
1%
$5,500
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,224
Total Expenses
$5,221
Mortgage P&I
56%
$2,929
Property Taxes
5%
$248
Home Insurance
4%
$192
HOA
1%
$75
Property Management
12%
$627
CapEx
4%
$209
Vacancy
3%
$157
Maintenance
4%
$209
Other
11%
$575