This property might be a fair Mid-Term investment with a projected 7.42% first-year return on $132k initial cash invested.
7.42%
Cash On Cash
8.53%
Cap Rate
1.38
DSCR
$6,242
Rent
$818
Cashflow
Cash Flow
$6,242 income − $5,424 expenses = $818 cash flow
Investment Breakdown
|
Purchase Price
$544k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$132k
Downpayment
20%
$109k
Closing costs
1%
$5,439
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$6,242
Total Expenses
$5,424
Mortgage P&I
45%
$2,798
Property Taxes
5%
$303
Home Insurance
3%
$200
HOA
0%
$0
Property Management
12%
$749
CapEx
4%
$250
Vacancy
3%
$187
Maintenance
4%
$250
Other
11%
$687