This property might be a fair Mid-Term investment with a projected 1.5% first-year return on $122k initial cash invested.
1.5%
Cash On Cash
7.29%
Cap Rate
1.14
DSCR
$5,194
Rent
$152
Cashflow
Cash Flow
$5,194 income − $5,042 expenses = $152 cash flow
Investment Breakdown
|
Purchase Price
$494k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$122k
Downpayment
20%
$98,700
Closing costs
1%
$4,935
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$5,194
Total Expenses
$5,042
Mortgage P&I
51%
$2,639
Property Taxes
9%
$462
Home Insurance
3%
$175
HOA
0%
$0
Property Management
12%
$623
CapEx
4%
$208
Vacancy
3%
$156
Maintenance
4%
$208
Other
11%
$571