This property could be a profitable Mid-Term investment with a projected 10.26% first-year return on $60,000 initial cash invested.
10.26%
Cash On Cash
10.12%
Cap Rate
1.61
DSCR
$3,111
Rent
$513
Cashflow
Cash Flow
$3,111 income − $2,598 expenses = $513 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
6.9%
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
$3,111
Total Expenses
$2,598
Mortgage P&I
34%
$1,050
Property Taxes
14%
$422
Home Insurance
2%
$70
HOA
0%
$0
Property Management
12%
$373
CapEx
4%
$124
Vacancy
3%
$93
Maintenance
4%
$124
Other
11%
$342