This property could be a profitable Mid-Term investment with a projected 14.04% first-year return on $59,979 initial cash invested.
14.04%
Cash On Cash
11.12%
Cap Rate
1.78
DSCR
$2,751
Rent
$702
Cashflow
Cash Flow
$2,751 income − $2,049 expenses = $702 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
6.8%
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
$2,751
Total Expenses
$2,049
Mortgage P&I
38%
$1,040
Property Taxes
0%
$3
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$330
CapEx
4%
$110
Vacancy
3%
$83
Maintenance
4%
$110
Other
11%
$303