This property could be a profitable Mid-Term investment with a projected 15.4% first-year return on $42,001 initial cash invested.
15.4%
Cash On Cash
10.25%
Cap Rate
1.61
DSCR
$2,751
Rent
$539
Cashflow
Cash Flow
$2,751 income − $2,212 expenses = $539 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$42,001
Downpayment
20%
$40,000
Closing costs
1%
$2,000
Rehab
0%
$0
Furnishing
0%
$1
Cashflow
Total Income
$2,751
Total Expenses
$2,212
Mortgage P&I
39%
$1,059
Property Taxes
5%
$147
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$330
CapEx
4%
$110
Vacancy
3%
$83
Maintenance
4%
$110
Other
11%
$303