This property might be a fair Mid-Term investment with a projected 0.98% first-year return on $59,979 initial cash invested.
0.98%
Cash On Cash
7.58%
Cap Rate
1.13
DSCR
$2,338
Rent
$49
Cashflow
Cash Flow
$2,338 income − $2,289 expenses = $49 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,979
Downpayment
20%
$39,980
Closing costs
1%
$1,999
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,338
Total Expenses
$2,289
Mortgage P&I
48%
$1,119
Property Taxes
13%
$304
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$281
CapEx
4%
$94
Vacancy
3%
$70
Maintenance
4%
$94
Other
11%
$257