This property might be a fair Mid-Term investment with a projected 1.43% first-year return on $96,729 initial cash invested.
1.43%
Cash On Cash
7.47%
Cap Rate
1.14
DSCR
$4,064
Rent
$115
Cashflow
Cash Flow
$4,064 income − $3,949 expenses = $115 cash flow
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$96,729
Downpayment
20%
$74,980
Closing costs
1%
$3,749
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,064
Total Expenses
$3,949
Mortgage P&I
51%
$2,055
Property Taxes
9%
$380
Home Insurance
3%
$131
HOA
0%
$0
Property Management
12%
$488
CapEx
4%
$163
Vacancy
3%
$122
Maintenance
4%
$163
Other
11%
$447