This property might be a fair Long-Term investment with a projected 1.89% first-year return on $78,750 initial cash invested.
1.89%
Cash On Cash
7.55%
Cap Rate
1.14
DSCR
$3,362
Rent
$124
Cashflow
Cash Flow
$3,362 income − $3,238 expenses = $124 cash flow
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,750
Downpayment
20%
$75,000
Closing costs
1%
$3,750
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,362
Total Expenses
$3,238
Mortgage P&I
62%
$2,068
Property Taxes
5%
$165
Home Insurance
4%
$131
HOA
0%
$0
Property Management
10%
$336
CapEx
5%
$168
Vacancy
6%
$202
Maintenance
5%
$168
Other
0%
$0