This property might be a fair Mid-Term investment with a projected 3.14% first-year return on $60,000 initial cash invested.
3.14%
Cash On Cash
7.93%
Cap Rate
1.23
DSCR
$2,344
Rent
$157
Cashflow
Cash Flow
$2,344 income − $2,187 expenses = $157 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
$2,344
Total Expenses
$2,187
Mortgage P&I
46%
$1,070
Property Taxes
11%
$250
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$281
CapEx
4%
$94
Vacancy
3%
$70
Maintenance
4%
$94
Other
11%
$258