This property might be a fair Mid-Term investment with a projected 3.55% first-year return on $96,750 initial cash invested.
3.55%
Cash On Cash
7.51%
Cap Rate
1.23
DSCR
$3,802
Rent
$286
Cashflow
Cash Flow
$3,802 income − $3,516 expenses = $286 cash flow
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
6.6%
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
$3,802
Total Expenses
$3,516
Mortgage P&I
50%
$1,909
Property Taxes
5%
$184
Home Insurance
3%
$131
HOA
0%
$0
Property Management
12%
$456
CapEx
4%
$152
Vacancy
3%
$114
Maintenance
4%
$152
Other
11%
$418