This property might be a fair Mid-Term investment with a projected 0.7% first-year return on $145k initial cash invested.
0.7%
Cash On Cash
6.64%
Cap Rate
1.1
DSCR
$5,750
Rent
$84
Cashflow
Cash Flow
$5,750 income − $5,666 expenses = $84 cash flow
Investment Breakdown
|
Purchase Price
$603k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$145k
Downpayment
20%
$121k
Closing costs
1%
$6,027
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,750
Total Expenses
$5,666
Mortgage P&I
53%
$3,023
Property Taxes
8%
$471
Home Insurance
4%
$218
HOA
0%
$0
Property Management
12%
$690
CapEx
4%
$230
Vacancy
3%
$172
Maintenance
4%
$230
Other
11%
$632