This property might be a fair Mid-Term investment with a projected 4.57% first-year return on $96,729 initial cash invested.
4.57%
Cash On Cash
8.26%
Cap Rate
1.27
DSCR
$4,666
Rent
$368
Cashflow
Cash Flow
$4,666 income − $4,298 expenses = $368 cash flow
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
7.2%
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
$4,666
Total Expenses
$4,298
Mortgage P&I
43%
$2,026
Property Taxes
12%
$554
Home Insurance
3%
$131
HOA
0%
$0
Property Management
12%
$560
CapEx
4%
$187
Vacancy
3%
$140
Maintenance
4%
$187
Other
11%
$513