This property could be a profitable Mid-Term investment with a projected 19.6% first-year return on $60,000 initial cash invested.
19.6%
Cash On Cash
13.61%
Cap Rate
2.02
DSCR
$4,142
Rent
$980
Cashflow
Cash Flow
$4,142 income − $3,162 expenses = $980 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.5%
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
$4,142
Total Expenses
$3,162
Mortgage P&I
27%
$1,122
Property Taxes
14%
$561
Home Insurance
2%
$70
HOA
0%
$0
Property Management
12%
$497
CapEx
4%
$166
Vacancy
3%
$124
Maintenance
4%
$166
Other
11%
$456