This property might be a fair Long-Term investment with a projected 4.3% first-year return on $31,500 initial cash invested.
4.3%
Cash On Cash
8.4%
Cap Rate
1.24
DSCR
$1,760
Rent
$113
Cashflow
Cash Flow
$1,760 income − $1,647 expenses = $113 cash flow
Investment Breakdown
|
Purchase Price
$150k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$31,500
Downpayment
20%
$30,000
Closing costs
1%
$1,500
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,760
Total Expenses
$1,647
Mortgage P&I
48%
$849
Property Taxes
16%
$288
Home Insurance
3%
$52
HOA
0%
$0
Property Management
10%
$176
CapEx
5%
$88
Vacancy
6%
$106
Maintenance
5%
$88
Other
0%
$0