This property might be a fair Mid-Term investment with a projected 1.02% first-year return on $59,979 initial cash invested.
1.02%
Cash On Cash
7.11%
Cap Rate
1.13
DSCR
$2,097
Rent
$51
Cashflow
Cash Flow
$2,097 income − $2,046 expenses = $51 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
6.9%
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
$2,097
Total Expenses
$2,046
Mortgage P&I
50%
$1,049
Property Taxes
10%
$213
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$252
CapEx
4%
$84
Vacancy
3%
$63
Maintenance
4%
$84
Other
11%
$231