This property might be a fair Mid-Term investment with a projected 7.03% first-year return on $96,729 initial cash invested.
7.03%
Cash On Cash
9.03%
Cap Rate
1.37
DSCR
$5,040
Rent
$567
Cashflow
Cash Flow
$5,040 income − $4,473 expenses = $567 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
$5,040
Total Expenses
$4,473
Mortgage P&I
41%
$2,053
Property Taxes
11%
$575
Home Insurance
3%
$131
HOA
0%
$0
Property Management
12%
$605
CapEx
4%
$202
Vacancy
3%
$151
Maintenance
4%
$202
Other
11%
$554