This property could be a profitable Mid-Term investment with a projected 10.4% first-year return on $59,979 initial cash invested.
10.4%
Cash On Cash
10.39%
Cap Rate
1.57
DSCR
$2,662
Rent
$520
Cashflow
Cash Flow
$2,662 income − $2,142 expenses = $520 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
$2,662
Total Expenses
$2,142
Mortgage P&I
42%
$1,105
Property Taxes
2%
$63
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$319
CapEx
4%
$106
Vacancy
3%
$80
Maintenance
4%
$106
Other
11%
$293