This property might be a fair Mid-Term investment with a projected 3.86% first-year return on $96,750 initial cash invested.
3.86%
Cash On Cash
7.86%
Cap Rate
1.23
DSCR
$3,842
Rent
$311
Cashflow
Cash Flow
$3,842 income − $3,531 expenses = $311 cash flow
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$96,750
Downpayment
20%
$75,000
Closing costs
1%
$3,750
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,842
Total Expenses
$3,531
Mortgage P&I
52%
$1,990
Property Taxes
3%
$103
Home Insurance
3%
$131
HOA
0%
$0
Property Management
12%
$461
CapEx
4%
$154
Vacancy
3%
$115
Maintenance
4%
$154
Other
11%
$423