This property could be a profitable Mid-Term investment with a projected 32.28% first-year return on $60,000 initial cash invested.
32.28%
Cash On Cash
17.5%
Cap Rate
2.58
DSCR
$4,344
Rent
$1,614
Cashflow
Cash Flow
$4,344 income − $2,730 expenses = $1,614 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
$4,344
Total Expenses
$2,730
Mortgage P&I
26%
$1,129
Property Taxes
1%
$54
Home Insurance
2%
$70
HOA
0%
$0
Property Management
12%
$521
CapEx
4%
$174
Vacancy
3%
$130
Maintenance
4%
$174
Other
11%
$478