This property might be a fair Mid-Term investment with a projected 1.12% first-year return on $96,687 initial cash invested.
1.12%
Cash On Cash
7.35%
Cap Rate
1.12
DSCR
$4,017
Rent
$90
Cashflow
Cash Flow
$4,017 income − $3,927 expenses = $90 cash flow
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$96,687
Downpayment
20%
$74,940
Closing costs
1%
$3,747
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,017
Total Expenses
$3,927
Mortgage P&I
51%
$2,044
Property Taxes
10%
$385
Home Insurance
3%
$131
HOA
0%
$0
Property Management
12%
$482
CapEx
4%
$161
Vacancy
3%
$121
Maintenance
4%
$161
Other
11%
$442