This property could be a profitable Mid-Term investment with a projected 15.73% first-year return on $96,750 initial cash invested.
15.73%
Cash On Cash
11.46%
Cap Rate
1.71
DSCR
$5,556
Rent
$1,268
Cashflow
Cash Flow
$5,556 income − $4,288 expenses = $1,268 cash flow
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
7.5%
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
$5,556
Total Expenses
$4,288
Mortgage P&I
38%
$2,092
Property Taxes
3%
$176
Home Insurance
2%
$131
HOA
0%
$0
Property Management
12%
$667
CapEx
4%
$222
Vacancy
3%
$167
Maintenance
4%
$222
Other
11%
$611