This property might be a fair Mid-Term investment with a projected 1.84% first-year return on $59,979 initial cash invested.
1.84%
Cash On Cash
7.61%
Cap Rate
1.16
DSCR
$2,054
Rent
$92
Cashflow
Cash Flow
$2,054 income − $1,962 expenses = $92 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.3%
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
$2,054
Total Expenses
$1,962
Mortgage P&I
53%
$1,094
Property Taxes
5%
$100
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$246
CapEx
4%
$82
Vacancy
3%
$62
Maintenance
4%
$82
Other
11%
$226