This property might be a fair Mid-Term investment with a projected 9.14% first-year return on $59,979 initial cash invested.
9.14%
Cash On Cash
10.19%
Cap Rate
1.52
DSCR
$3,124
Rent
$457
Cashflow
Cash Flow
$3,124 income − $2,667 expenses = $457 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
$3,124
Total Expenses
$2,667
Mortgage P&I
36%
$1,116
Property Taxes
13%
$418
Home Insurance
2%
$70
HOA
0%
$0
Property Management
12%
$375
CapEx
4%
$125
Vacancy
3%
$94
Maintenance
4%
$125
Other
11%
$344