This property might be a fair Mid-Term investment with a projected 5.88% first-year return on $60,042 initial cash invested.
5.88%
Cash On Cash
9.13%
Cap Rate
1.35
DSCR
$2,626
Rent
$294
Cashflow
Cash Flow
$2,626 income − $2,332 expenses = $294 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,042
Downpayment
20%
$40,040
Closing costs
1%
$2,002
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,626
Total Expenses
$2,332
Mortgage P&I
43%
$1,124
Property Taxes
9%
$245
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$315
CapEx
4%
$105
Vacancy
3%
$79
Maintenance
4%
$105
Other
11%
$289