This property could be a profitable Mid-Term investment with a projected 10.2% first-year return on $60,000 initial cash invested.
10.2%
Cash On Cash
10.6%
Cap Rate
1.57
DSCR
$3,300
Rent
$510
Cashflow
Cash Flow
$3,300 income − $2,790 expenses = $510 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
$3,300
Total Expenses
$2,790
Mortgage P&I
34%
$1,125
Property Taxes
14%
$473
Home Insurance
2%
$70
HOA
0%
$0
Property Management
12%
$396
CapEx
4%
$132
Vacancy
3%
$99
Maintenance
4%
$132
Other
11%
$363