This property might be a fair Mid-Term investment with a projected 2.54% first-year return on $60,021 initial cash invested.
2.54%
Cash On Cash
8.12%
Cap Rate
1.19
DSCR
$2,318
Rent
$127
Cashflow
Cash Flow
$2,318 income − $2,191 expenses = $127 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,021
Downpayment
20%
$40,020
Closing costs
1%
$2,001
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,318
Total Expenses
$2,191
Mortgage P&I
49%
$1,134
Property Taxes
8%
$196
Home Insurance
3%
$72
HOA
0%
$0
Property Management
12%
$278
CapEx
4%
$93
Vacancy
3%
$70
Maintenance
4%
$93
Other
11%
$255