This property might be a fair Mid-Term investment with a projected 7.76% first-year return on $59,979 initial cash invested.
7.76%
Cash On Cash
9.59%
Cap Rate
1.44
DSCR
$2,558
Rent
$388
Cashflow
Cash Flow
$2,558 income − $2,170 expenses = $388 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.4%
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
$2,558
Total Expenses
$2,170
Mortgage P&I
43%
$1,108
Property Taxes
5%
$123
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$307
CapEx
4%
$102
Vacancy
3%
$77
Maintenance
4%
$102
Other
11%
$281