This property might be a fair Mid-Term investment with a projected 3.36% first-year return on $59,979 initial cash invested.
3.36%
Cash On Cash
7.97%
Cap Rate
1.24
DSCR
$2,120
Rent
$168
Cashflow
Cash Flow
$2,120 income − $1,952 expenses = $168 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
$2,120
Total Expenses
$1,952
Mortgage P&I
51%
$1,075
Property Taxes
4%
$86
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$254
CapEx
4%
$85
Vacancy
3%
$64
Maintenance
4%
$85
Other
11%
$233