This property might be a fair Mid-Term investment with a projected 5.04% first-year return on $59,979 initial cash invested.
5.04%
Cash On Cash
8.75%
Cap Rate
1.32
DSCR
$2,442
Rent
$252
Cashflow
Cash Flow
$2,442 income − $2,190 expenses = $252 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,979
Downpayment
20%
$39,980
Closing costs
1%
$1,999
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,442
Total Expenses
$2,190
Mortgage P&I
45%
$1,107
Property Taxes
7%
$182
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$293
CapEx
4%
$98
Vacancy
3%
$73
Maintenance
4%
$98
Other
11%
$269