This property might be a fair Mid-Term investment with a projected 4.08% first-year return on $60,000 initial cash invested.
4.08%
Cash On Cash
8.17%
Cap Rate
1.27
DSCR
$2,217
Rent
$204
Cashflow
Cash Flow
$2,217 income − $2,013 expenses = $204 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.0%
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
$2,217
Total Expenses
$2,013
Mortgage P&I
48%
$1,068
Property Taxes
5%
$120
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$266
CapEx
4%
$89
Vacancy
3%
$67
Maintenance
4%
$89
Other
11%
$244