This property might be a fair Mid-Term investment with a projected 4.99% first-year return on $59,895 initial cash invested.
4.99%
Cash On Cash
8.81%
Cap Rate
1.32
DSCR
$2,571
Rent
$249
Cashflow
Cash Flow
$2,571 income − $2,322 expenses = $249 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,895
Downpayment
20%
$39,900
Closing costs
1%
$1,995
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,571
Total Expenses
$2,322
Mortgage P&I
43%
$1,113
Property Taxes
11%
$288
Home Insurance
2%
$46
HOA
0%
$0
Property Management
12%
$309
CapEx
4%
$103
Vacancy
3%
$77
Maintenance
4%
$103
Other
11%
$283