This property might be a fair Mid-Term investment with a projected 5.34% first-year return on $59,979 initial cash invested.
5.34%
Cash On Cash
8.75%
Cap Rate
1.34
DSCR
$2,582
Rent
$267
Cashflow
Cash Flow
$2,582 income − $2,315 expenses = $267 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.2%
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
$2,582
Total Expenses
$2,315
Mortgage P&I
42%
$1,087
Property Taxes
11%
$281
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$310
CapEx
4%
$103
Vacancy
3%
$77
Maintenance
4%
$103
Other
11%
$284