This property might be a fair Long-Term investment with a projected 0.5% first-year return on $31,500 initial cash invested.
0.5%
Cash On Cash
7.39%
Cap Rate
1.11
DSCR
$1,645
Rent
$13
Cashflow
Cash Flow
$1,645 income − $1,632 expenses = $13 cash flow
Investment Breakdown
|
Purchase Price
$150k
Downpayment
20.0%
Interest Rate
7.4%
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
$1,645
Total Expenses
$1,632
Mortgage P&I
50%
$829
Property Taxes
20%
$324
Home Insurance
3%
$52
HOA
0%
$0
Property Management
10%
$164
CapEx
5%
$82
Vacancy
6%
$99
Maintenance
5%
$82
Other
0%
$0