This property could be a profitable Mid-Term investment with a projected 10.42% first-year return on $59,979 initial cash invested.
10.42%
Cash On Cash
10.29%
Cap Rate
1.59
DSCR
$2,832
Rent
$521
Cashflow
Cash Flow
$2,832 income − $2,311 expenses = $521 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.2%
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
$2,832
Total Expenses
$2,311
Mortgage P&I
38%
$1,080
Property Taxes
7%
$198
Home Insurance
2%
$70
HOA
0%
$0
Property Management
12%
$340
CapEx
4%
$113
Vacancy
3%
$85
Maintenance
4%
$113
Other
11%
$312