This property could be a profitable Mid-Term investment with a projected 10.25% first-year return on $96,666 initial cash invested.
10.25%
Cash On Cash
9.56%
Cap Rate
1.54
DSCR
$5,523
Rent
$826
Cashflow
Cash Flow
$5,523 income − $4,697 expenses = $826 cash flow
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$96,666
Downpayment
20%
$74,920
Closing costs
1%
$3,746
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$5,523
Total Expenses
$4,697
Mortgage P&I
35%
$1,936
Property Taxes
14%
$747
Home Insurance
2%
$135
HOA
0%
$0
Property Management
12%
$663
CapEx
4%
$221
Vacancy
3%
$166
Maintenance
4%
$221
Other
11%
$608