This property might be a fair Mid-Term investment with a projected 5.85% first-year return on $96,750 initial cash invested.
5.85%
Cash On Cash
8.16%
Cap Rate
1.33
DSCR
$4,062
Rent
$472
Cashflow
Cash Flow
$4,062 income − $3,590 expenses = $472 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
$4,062
Total Expenses
$3,590
Mortgage P&I
47%
$1,916
Property Taxes
4%
$163
Home Insurance
3%
$131
HOA
0%
$0
Property Management
12%
$487
CapEx
4%
$162
Vacancy
3%
$122
Maintenance
4%
$162
Other
11%
$447