This property might be a fair Mid-Term investment with a projected 2.9% first-year return on $59,958 initial cash invested.
2.9%
Cash On Cash
8.11%
Cap Rate
1.21
DSCR
$2,151
Rent
$145
Cashflow
Cash Flow
$2,151 income − $2,006 expenses = $145 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,958
Downpayment
20%
$39,960
Closing costs
1%
$1,998
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,151
Total Expenses
$2,006
Mortgage P&I
52%
$1,119
Property Taxes
3%
$73
Home Insurance
4%
$82
HOA
0%
$0
Property Management
12%
$258
CapEx
4%
$86
Vacancy
3%
$65
Maintenance
4%
$86
Other
11%
$237