This property could be a profitable Mid-Term investment with a projected 19.63% first-year return on $59,958 initial cash invested.
19.63%
Cash On Cash
13.39%
Cap Rate
2.01
DSCR
$3,501
Rent
$981
Cashflow
Cash Flow
$3,501 income − $2,520 expenses = $981 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,958
Downpayment
20%
$39,960
Closing costs
1%
$1,998
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$3,501
Total Expenses
$2,520
Mortgage P&I
32%
$1,108
Property Taxes
4%
$151
Home Insurance
2%
$71
HOA
0%
$0
Property Management
12%
$420
CapEx
4%
$140
Vacancy
3%
$105
Maintenance
4%
$140
Other
11%
$385