This property could be a profitable Mid-Term investment with a projected 17.62% first-year return on $60,000 initial cash invested.
17.62%
Cash On Cash
12.64%
Cap Rate
1.92
DSCR
$3,230
Rent
$881
Cashflow
Cash Flow
$3,230 income − $2,349 expenses = $881 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.3%
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
$3,230
Total Expenses
$2,349
Mortgage P&I
34%
$1,097
Property Taxes
3%
$84
Home Insurance
2%
$70
HOA
0%
$0
Property Management
12%
$388
CapEx
4%
$129
Vacancy
3%
$97
Maintenance
4%
$129
Other
11%
$355