This property might be a fair Mid-Term investment with a projected 6.46% first-year return on $59,979 initial cash invested.
6.46%
Cash On Cash
9.26%
Cap Rate
1.37
DSCR
$2,414
Rent
$323
Cashflow
Cash Flow
$2,414 income − $2,091 expenses = $323 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.5%
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
$2,414
Total Expenses
$2,091
Mortgage P&I
46%
$1,122
Property Taxes
3%
$77
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$290
CapEx
4%
$97
Vacancy
3%
$72
Maintenance
4%
$97
Other
11%
$266