This property might be a fair Long-Term investment with a projected 5.49% first-year return on $31,479 initial cash invested.
5.49%
Cash On Cash
8.33%
Cap Rate
1.28
DSCR
$1,644
Rent
$144
Cashflow
Cash Flow
$1,644 income − $1,500 expenses = $144 cash flow
Investment Breakdown
|
Purchase Price
$150k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$31,479
Downpayment
20%
$29,980
Closing costs
1%
$1,499
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,644
Total Expenses
$1,500
Mortgage P&I
50%
$814
Property Taxes
13%
$207
Home Insurance
3%
$52
HOA
0%
$0
Property Management
10%
$164
CapEx
5%
$82
Vacancy
6%
$99
Maintenance
5%
$82
Other
0%
$0