This property might be a fair Mid-Term investment with a projected 7.9% first-year return on $60,000 initial cash invested.
7.9%
Cash On Cash
9.65%
Cap Rate
1.45
DSCR
$2,655
Rent
$395
Cashflow
Cash Flow
$2,655 income − $2,260 expenses = $395 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.4%
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
$2,655
Total Expenses
$2,260
Mortgage P&I
42%
$1,108
Property Taxes
7%
$179
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$319
CapEx
4%
$106
Vacancy
3%
$80
Maintenance
4%
$106
Other
11%
$292