This property might be a fair Mid-Term investment with a projected 9.48% first-year return on $59,979 initial cash invested.
9.48%
Cash On Cash
10.12%
Cap Rate
1.53
DSCR
$2,710
Rent
$474
Cashflow
Cash Flow
$2,710 income − $2,236 expenses = $474 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
$2,710
Total Expenses
$2,236
Mortgage P&I
41%
$1,103
Property Taxes
5%
$143
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$325
CapEx
4%
$108
Vacancy
3%
$81
Maintenance
4%
$108
Other
11%
$298