This property might be a fair Mid-Term investment with a projected 4.7% first-year return on $59,979 initial cash invested.
4.7%
Cash On Cash
8.75%
Cap Rate
1.29
DSCR
$2,292
Rent
$235
Cashflow
Cash Flow
$2,292 income − $2,057 expenses = $235 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.6%
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
$2,292
Total Expenses
$2,057
Mortgage P&I
49%
$1,131
Property Taxes
3%
$76
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$275
CapEx
4%
$92
Vacancy
3%
$69
Maintenance
4%
$92
Other
11%
$252