This property could be a profitable Mid-Term investment with a projected 11.67% first-year return on $60,042 initial cash invested.
11.67%
Cash On Cash
10.71%
Cap Rate
1.66
DSCR
$3,201
Rent
$584
Cashflow
Cash Flow
$3,201 income − $2,617 expenses = $584 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,042
Downpayment
20%
$40,040
Closing costs
1%
$2,002
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$3,201
Total Expenses
$2,617
Mortgage P&I
34%
$1,075
Property Taxes
11%
$340
Home Insurance
4%
$114
HOA
0%
$0
Property Management
12%
$384
CapEx
4%
$128
Vacancy
3%
$96
Maintenance
4%
$128
Other
11%
$352