This property could be a profitable Mid-Term investment with a projected 12.22% first-year return on $59,979 initial cash invested.
12.22%
Cash On Cash
10.79%
Cap Rate
1.67
DSCR
$2,782
Rent
$611
Cashflow
Cash Flow
$2,782 income − $2,171 expenses = $611 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
$2,782
Total Expenses
$2,171
Mortgage P&I
39%
$1,076
Property Taxes
3%
$80
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$334
CapEx
4%
$111
Vacancy
3%
$83
Maintenance
4%
$111
Other
11%
$306