This property might be a fair Mid-Term investment with a projected 9.97% first-year return on $87,720 initial cash invested.
9.97%
Cash On Cash
10.18%
Cap Rate
1.48
DSCR
$4,509
Rent
$729
Cashflow
Cash Flow
$4,509 income − $3,780 expenses = $729 cash flow
Investment Breakdown
|
Purchase Price
$332k
Downpayment
20.0%
Interest Rate
7.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,720
Downpayment
20%
$66,400
Closing costs
1%
$3,320
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,509
Total Expenses
$3,780
Mortgage P&I
42%
$1,907
Property Taxes
5%
$225
Home Insurance
3%
$116
HOA
0%
$0
Property Management
12%
$541
CapEx
4%
$180
Vacancy
3%
$135
Maintenance
4%
$180
Other
11%
$496