This property could be a profitable Mid-Term investment with a projected 13.69% first-year return on $60,063 initial cash invested.
13.69%
Cash On Cash
11.42%
Cap Rate
1.73
DSCR
$3,045
Rent
$685
Cashflow
Cash Flow
$3,045 income − $2,360 expenses = $685 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,063
Downpayment
20%
$40,060
Closing costs
1%
$2,003
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$3,045
Total Expenses
$2,360
Mortgage P&I
36%
$1,100
Property Taxes
5%
$153
Home Insurance
2%
$72
HOA
0%
$0
Property Management
12%
$365
CapEx
4%
$122
Vacancy
3%
$91
Maintenance
4%
$122
Other
11%
$335