This property might be a fair Mid-Term investment with a projected 6.41% first-year return on $59,895 initial cash invested.
6.41%
Cash On Cash
9.2%
Cap Rate
1.38
DSCR
$2,578
Rent
$320
Cashflow
Cash Flow
$2,578 income − $2,258 expenses = $320 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,895
Downpayment
20%
$39,900
Closing costs
1%
$1,995
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,578
Total Expenses
$2,258
Mortgage P&I
43%
$1,106
Property Taxes
8%
$206
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$309
CapEx
4%
$103
Vacancy
3%
$77
Maintenance
4%
$103
Other
11%
$284