This property might be a fair Mid-Term investment with a projected 7.54% first-year return on $60,000 initial cash invested.
7.54%
Cash On Cash
9.7%
Cap Rate
1.43
DSCR
$2,818
Rent
$377
Cashflow
Cash Flow
$2,818 income − $2,441 expenses = $377 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,000
Downpayment
20%
$40,000
Closing costs
1%
$2,000
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,818
Total Expenses
$2,441
Mortgage P&I
40%
$1,127
Property Taxes
10%
$281
Home Insurance
3%
$74
HOA
0%
$0
Property Management
12%
$338
CapEx
4%
$113
Vacancy
3%
$85
Maintenance
4%
$113
Other
11%
$310