This property might be a fair Long-Term investment with a projected 5.23% first-year return on $78,750 initial cash invested.
5.23%
Cash On Cash
8.38%
Cap Rate
1.25
DSCR
$3,704
Rent
$343
Cashflow
Cash Flow
$3,704 income − $3,361 expenses = $343 cash flow
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
7.5%
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
$3,704
Total Expenses
$3,361
Mortgage P&I
56%
$2,092
Property Taxes
5%
$176
Home Insurance
4%
$131
HOA
0%
$0
Property Management
10%
$370
CapEx
5%
$185
Vacancy
6%
$222
Maintenance
5%
$185
Other
0%
$0