This property might be a fair Mid-Term investment with a projected 8.54% first-year return on $59,979 initial cash invested.
8.54%
Cash On Cash
9.94%
Cap Rate
1.49
DSCR
$2,996
Rent
$427
Cashflow
Cash Flow
$2,996 income − $2,569 expenses = $427 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.4%
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
$2,996
Total Expenses
$2,569
Mortgage P&I
37%
$1,109
Property Taxes
12%
$370
Home Insurance
2%
$70
HOA
0%
$0
Property Management
12%
$360
CapEx
4%
$120
Vacancy
3%
$90
Maintenance
4%
$120
Other
11%
$330