This property could be a profitable Mid-Term investment with a projected 16.74% first-year return on $60,000 initial cash invested.
16.74%
Cash On Cash
12.51%
Cap Rate
1.89
DSCR
$3,666
Rent
$837
Cashflow
Cash Flow
$3,666 income − $2,829 expenses = $837 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
$3,666
Total Expenses
$2,829
Mortgage P&I
30%
$1,101
Property Taxes
11%
$411
Home Insurance
2%
$70
HOA
0%
$0
Property Management
12%
$440
CapEx
4%
$147
Vacancy
3%
$110
Maintenance
4%
$147
Other
11%
$403