This property could be a profitable Mid-Term investment with a projected 19.93% first-year return on $59,979 initial cash invested.
19.93%
Cash On Cash
13.52%
Cap Rate
2.04
DSCR
$3,831
Rent
$996
Cashflow
Cash Flow
$3,831 income − $2,835 expenses = $996 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
$3,831
Total Expenses
$2,835
Mortgage P&I
29%
$1,103
Property Taxes
9%
$360
Home Insurance
2%
$70
HOA
0%
$0
Property Management
12%
$460
CapEx
4%
$153
Vacancy
3%
$115
Maintenance
4%
$153
Other
11%
$421