This property might be a fair Mid-Term investment with a projected 0.79% first-year return on $96,750 initial cash invested.
0.79%
Cash On Cash
6.77%
Cap Rate
1.11
DSCR
$3,470
Rent
$64
Cashflow
Cash Flow
$3,470 income − $3,406 expenses = $64 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
$3,470
Total Expenses
$3,406
Mortgage P&I
55%
$1,913
Property Taxes
5%
$182
Home Insurance
4%
$131
HOA
0%
$0
Property Management
12%
$416
CapEx
4%
$139
Vacancy
3%
$104
Maintenance
4%
$139
Other
11%
$382