This property might be a fair Mid-Term investment with a projected 1.27% first-year return on $96,750 initial cash invested.
1.27%
Cash On Cash
7.43%
Cap Rate
1.13
DSCR
$4,023
Rent
$102
Cashflow
Cash Flow
$4,023 income − $3,921 expenses = $102 cash flow
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
7.3%
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
$4,023
Total Expenses
$3,921
Mortgage P&I
51%
$2,058
Property Taxes
9%
$363
Home Insurance
3%
$131
HOA
0%
$0
Property Management
12%
$483
CapEx
4%
$161
Vacancy
3%
$121
Maintenance
4%
$161
Other
11%
$443