This property might be a fair Mid-Term investment with a projected 8.08% first-year return on $59,979 initial cash invested.
8.08%
Cash On Cash
9.56%
Cap Rate
1.48
DSCR
$2,846
Rent
$404
Cashflow
Cash Flow
$2,846 income − $2,442 expenses = $404 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.1%
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
$2,846
Total Expenses
$2,442
Mortgage P&I
38%
$1,075
Property Taxes
12%
$329
Home Insurance
2%
$70
HOA
0%
$0
Property Management
12%
$342
CapEx
4%
$114
Vacancy
3%
$85
Maintenance
4%
$114
Other
11%
$313