This property might be a fair Mid-Term investment with a projected 5.1% first-year return on $59,958 initial cash invested.
5.1%
Cash On Cash
8.67%
Cap Rate
1.34
DSCR
$2,745
Rent
$255
Cashflow
Cash Flow
$2,745 income − $2,490 expenses = $255 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,958
Downpayment
20%
$39,960
Closing costs
1%
$1,998
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,745
Total Expenses
$2,490
Mortgage P&I
39%
$1,078
Property Taxes
15%
$419
Home Insurance
2%
$60
HOA
0%
$0
Property Management
12%
$329
CapEx
4%
$110
Vacancy
3%
$82
Maintenance
4%
$110
Other
11%
$302