This property might be a fair Mid-Term investment with a projected 1.08% first-year return on $60,000 initial cash invested.
1.08%
Cash On Cash
7.56%
Cap Rate
1.12
DSCR
$2,036
Rent
$54
Cashflow
Cash Flow
$2,036 income − $1,982 expenses = $54 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.6%
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
$2,036
Total Expenses
$1,982
Mortgage P&I
55%
$1,125
Property Taxes
5%
$96
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$244
CapEx
4%
$81
Vacancy
3%
$61
Maintenance
4%
$81
Other
11%
$224