This property might be a fair Mid-Term investment with a projected 0.24% first-year return on $60,000 initial cash invested.
0.24%
Cash On Cash
7.37%
Cap Rate
1.08
DSCR
$1,988
Rent
$12
Cashflow
Cash Flow
$1,988 income − $1,976 expenses = $12 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,000
Downpayment
20%
$40,000
Closing costs
1%
$2,000
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$1,988
Total Expenses
$1,976
Mortgage P&I
57%
$1,137
Property Taxes
5%
$91
Home Insurance
4%
$70
HOA
0%
$0
Property Management
12%
$239
CapEx
4%
$80
Vacancy
3%
$60
Maintenance
4%
$80
Other
11%
$219