This property could be a profitable Mid-Term investment with a projected 11.09% first-year return on $59,958 initial cash invested.
11.09%
Cash On Cash
10.23%
Cap Rate
1.62
DSCR
$2,486
Rent
$554
Cashflow
Cash Flow
$2,486 income − $1,932 expenses = $554 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
6.9%
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
$2,486
Total Expenses
$1,932
Mortgage P&I
42%
$1,050
Property Taxes
1%
$31
Home Insurance
0%
$7
HOA
0%
$0
Property Management
12%
$298
CapEx
4%
$99
Vacancy
3%
$75
Maintenance
4%
$99
Other
11%
$273