This property might be a fair Mid-Term investment with a projected 7.84% first-year return on $59,979 initial cash invested.
7.84%
Cash On Cash
9.93%
Cap Rate
1.48
DSCR
$3,702
Rent
$392
Cashflow
Cash Flow
$3,702 income − $3,310 expenses = $392 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.5%
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
$3,702
Total Expenses
$3,310
Mortgage P&I
30%
$1,114
Property Taxes
23%
$868
Home Insurance
2%
$70
HOA
0%
$0
Property Management
12%
$444
CapEx
4%
$148
Vacancy
3%
$111
Maintenance
4%
$148
Other
11%
$407