This property might be a fair Mid-Term investment with a projected 6.02% first-year return on $60,000 initial cash invested.
6.02%
Cash On Cash
9.22%
Cap Rate
1.36
DSCR
$2,668
Rent
$301
Cashflow
Cash Flow
$2,668 income − $2,367 expenses = $301 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.6%
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
$2,668
Total Expenses
$2,367
Mortgage P&I
42%
$1,128
Property Taxes
10%
$262
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$320
CapEx
4%
$107
Vacancy
3%
$80
Maintenance
4%
$107
Other
11%
$293