This property might be a fair Mid-Term investment with a projected 1.8% first-year return on $59,979 initial cash invested.
1.8%
Cash On Cash
7.75%
Cap Rate
1.17
DSCR
$2,412
Rent
$90
Cashflow
Cash Flow
$2,412 income − $2,322 expenses = $90 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.4%
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
$2,412
Total Expenses
$2,322
Mortgage P&I
46%
$1,105
Property Taxes
14%
$329
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$289
CapEx
4%
$96
Vacancy
3%
$72
Maintenance
4%
$96
Other
11%
$265