This property might be a fair Mid-Term investment with a projected 2.2% first-year return on $59,979 initial cash invested.
2.2%
Cash On Cash
7.76%
Cap Rate
1.2
DSCR
$2,640
Rent
$110
Cashflow
Cash Flow
$2,640 income − $2,530 expenses = $110 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.1%
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
$2,640
Total Expenses
$2,530
Mortgage P&I
41%
$1,077
Property Taxes
18%
$485
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$317
CapEx
4%
$106
Vacancy
3%
$79
Maintenance
4%
$106
Other
11%
$290