This property could be a profitable Mid-Term investment with a projected 11.28% first-year return on $60,021 initial cash invested.
11.28%
Cash On Cash
10.58%
Cap Rate
1.64
DSCR
$3,105
Rent
$564
Cashflow
Cash Flow
$3,105 income − $2,541 expenses = $564 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.1%
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
$3,105
Total Expenses
$2,541
Mortgage P&I
35%
$1,077
Property Taxes
11%
$342
Home Insurance
2%
$66
HOA
0%
$0
Property Management
12%
$373
CapEx
4%
$124
Vacancy
3%
$93
Maintenance
4%
$124
Other
11%
$342