This property might be a fair Mid-Term investment with a projected 0.8% first-year return on $59,979 initial cash invested.
0.8%
Cash On Cash
7.09%
Cap Rate
1.12
DSCR
$2,205
Rent
$40
Cashflow
Cash Flow
$2,205 income − $2,165 expenses = $40 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
6.9%
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
$2,205
Total Expenses
$2,165
Mortgage P&I
48%
$1,053
Property Taxes
13%
$292
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$265
CapEx
4%
$88
Vacancy
3%
$66
Maintenance
4%
$88
Other
11%
$243