This property could be a profitable Mid-Term investment with a projected 20.71% first-year return on $59,979 initial cash invested.
20.71%
Cash On Cash
13.63%
Cap Rate
2.11
DSCR
$3,975
Rent
$1,035
Cashflow
Cash Flow
$3,975 income − $2,940 expenses = $1,035 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.1%
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
$3,975
Total Expenses
$2,940
Mortgage P&I
27%
$1,077
Property Taxes
11%
$442
Home Insurance
2%
$70
HOA
0%
$0
Property Management
12%
$477
CapEx
4%
$159
Vacancy
3%
$119
Maintenance
4%
$159
Other
11%
$437