This property could be a profitable Mid-Term investment with a projected 11.96% first-year return on $96,750 initial cash invested.
11.96%
Cash On Cash
10.35%
Cap Rate
1.56
DSCR
$5,043
Rent
$964
Cashflow
Cash Flow
$5,043 income − $4,079 expenses = $964 cash flow
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
7.4%
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
$5,043
Total Expenses
$4,079
Mortgage P&I
41%
$2,068
Property Taxes
3%
$165
Home Insurance
3%
$131
HOA
0%
$0
Property Management
12%
$605
CapEx
4%
$202
Vacancy
3%
$151
Maintenance
4%
$202
Other
11%
$555