This property could be a profitable Mid-Term investment with a projected 11.9% first-year return on $59,979 initial cash invested.
11.9%
Cash On Cash
11.14%
Cap Rate
1.65
DSCR
$3,440
Rent
$595
Cashflow
Cash Flow
$3,440 income − $2,845 expenses = $595 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.5%
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
$3,440
Total Expenses
$2,845
Mortgage P&I
33%
$1,122
Property Taxes
14%
$483
Home Insurance
2%
$70
HOA
0%
$0
Property Management
12%
$413
CapEx
4%
$138
Vacancy
3%
$103
Maintenance
4%
$138
Other
11%
$378