This property might be a fair Mid-Term investment with a projected 4.74% first-year return on $59,979 initial cash invested.
4.74%
Cash On Cash
8.85%
Cap Rate
1.3
DSCR
$2,492
Rent
$237
Cashflow
Cash Flow
$2,492 income − $2,255 expenses = $237 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.7%
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
$2,492
Total Expenses
$2,255
Mortgage P&I
46%
$1,137
Property Taxes
8%
$200
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$299
CapEx
4%
$100
Vacancy
3%
$75
Maintenance
4%
$100
Other
11%
$274