This property might be a fair Mid-Term investment with a projected 5.42% first-year return on $60,000 initial cash invested.
5.42%
Cash On Cash
8.78%
Cap Rate
1.34
DSCR
$2,542
Rent
$271
Cashflow
Cash Flow
$2,542 income − $2,271 expenses = $271 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.3%
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
$2,542
Total Expenses
$2,271
Mortgage P&I
43%
$1,091
Property Taxes
10%
$245
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$305
CapEx
4%
$102
Vacancy
3%
$76
Maintenance
4%
$102
Other
11%
$280