This property might be a fair Mid-Term investment with a projected 9.36% first-year return on $59,979 initial cash invested.
9.36%
Cash On Cash
10.24%
Cap Rate
1.51
DSCR
$2,676
Rent
$468
Cashflow
Cash Flow
$2,676 income − $2,208 expenses = $468 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.6%
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
$2,676
Total Expenses
$2,208
Mortgage P&I
42%
$1,130
Property Taxes
4%
$99
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$321
CapEx
4%
$107
Vacancy
3%
$80
Maintenance
4%
$107
Other
11%
$294