This property might be a fair Mid-Term investment with a projected 2.48% first-year return on $59,979 initial cash invested.
2.48%
Cash On Cash
8.14%
Cap Rate
1.19
DSCR
$2,379
Rent
$124
Cashflow
Cash Flow
$2,379 income − $2,255 expenses = $124 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.7%
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
$2,379
Total Expenses
$2,255
Mortgage P&I
48%
$1,137
Property Taxes
10%
$240
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$285
CapEx
4%
$95
Vacancy
3%
$71
Maintenance
4%
$95
Other
11%
$262