This property might be a fair Long-Term investment with a projected 8.08% first-year return on $31,479 initial cash invested.
8.08%
Cash On Cash
8.92%
Cap Rate
1.38
DSCR
$1,852
Rent
$212
Cashflow
Cash Flow
$1,852 income − $1,640 expenses = $212 cash flow
Investment Breakdown
|
Purchase Price
$150k
Downpayment
20.0%
Interest Rate
7.1%
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
$1,852
Total Expenses
$1,640
Mortgage P&I
44%
$809
Property Taxes
16%
$297
Home Insurance
3%
$52
HOA
0%
$0
Property Management
10%
$185
CapEx
5%
$93
Vacancy
6%
$111
Maintenance
5%
$93
Other
0%
$0