This property could be a profitable Mid-Term investment with a projected 18.79% first-year return on $59,979 initial cash invested.
18.79%
Cash On Cash
13.12%
Cap Rate
1.96
DSCR
$3,300
Rent
$939
Cashflow
Cash Flow
$3,300 income − $2,361 expenses = $939 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
$3,300
Total Expenses
$2,361
Mortgage P&I
34%
$1,115
Property Taxes
2%
$54
Home Insurance
2%
$70
HOA
0%
$0
Property Management
12%
$396
CapEx
4%
$132
Vacancy
3%
$99
Maintenance
4%
$132
Other
11%
$363