This property might be a fair Mid-Term investment with a projected 6.52% first-year return on $59,979 initial cash invested.
6.52%
Cash On Cash
9.27%
Cap Rate
1.38
DSCR
$2,490
Rent
$326
Cashflow
Cash Flow
$2,490 income − $2,164 expenses = $326 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
$2,490
Total Expenses
$2,164
Mortgage P&I
45%
$1,119
Property Taxes
5%
$127
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$299
CapEx
4%
$100
Vacancy
3%
$75
Maintenance
4%
$100
Other
11%
$274