This property could be a profitable Mid-Term investment with a projected 11.14% first-year return on $60,000 initial cash invested.
11.14%
Cash On Cash
10.6%
Cap Rate
1.61
DSCR
$2,805
Rent
$557
Cashflow
Cash Flow
$2,805 income − $2,248 expenses = $557 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,000
Downpayment
20%
$40,000
Closing costs
1%
$2,000
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,805
Total Expenses
$2,248
Mortgage P&I
39%
$1,098
Property Taxes
4%
$126
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$337
CapEx
4%
$112
Vacancy
3%
$84
Maintenance
4%
$112
Other
11%
$309