This property might be a fair Mid-Term investment with a projected 4.48% first-year return on $60,000 initial cash invested.
4.48%
Cash On Cash
8.74%
Cap Rate
1.3
DSCR
$2,830
Rent
$224
Cashflow
Cash Flow
$2,830 income − $2,606 expenses = $224 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.5%
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
$2,830
Total Expenses
$2,606
Mortgage P&I
40%
$1,120
Property Taxes
16%
$454
Home Insurance
2%
$70
HOA
0%
$0
Property Management
12%
$340
CapEx
4%
$113
Vacancy
3%
$85
Maintenance
4%
$113
Other
11%
$311