This property could be a profitable Mid-Term investment with a projected 10.6% first-year return on $96,834 initial cash invested.
10.6%
Cash On Cash
9.97%
Cap Rate
1.52
DSCR
$5,349
Rent
$855
Cashflow
Cash Flow
$5,349 income − $4,494 expenses = $855 cash flow
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$96,834
Downpayment
20%
$75,080
Closing costs
1%
$3,754
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$5,349
Total Expenses
$4,494
Mortgage P&I
38%
$2,051
Property Taxes
9%
$494
Home Insurance
2%
$131
HOA
0%
$0
Property Management
12%
$642
CapEx
4%
$214
Vacancy
3%
$160
Maintenance
4%
$214
Other
11%
$588