This property might be a fair Mid-Term investment with a projected 1.86% first-year return on $59,979 initial cash invested.
1.86%
Cash On Cash
7.59%
Cap Rate
1.16
DSCR
$1,953
Rent
$93
Cashflow
Cash Flow
$1,953 income − $1,860 expenses = $93 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
$1,953
Total Expenses
$1,860
Mortgage P&I
56%
$1,094
Property Taxes
2%
$32
Home Insurance
4%
$70
HOA
0%
$0
Property Management
12%
$234
CapEx
4%
$78
Vacancy
3%
$59
Maintenance
4%
$78
Other
11%
$215