This property could be a profitable Long-Term investment with a projected 19.44% first-year return on $31,479 initial cash invested.
19.44%
Cash On Cash
11.44%
Cap Rate
1.78
DSCR
$2,330
Rent
$510
Cashflow
Cash Flow
$2,330 income − $1,820 expenses = $510 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
$2,330
Total Expenses
$1,820
Mortgage P&I
34%
$803
Property Taxes
15%
$360
Home Insurance
2%
$52
HOA
0%
$0
Property Management
10%
$233
CapEx
5%
$116
Vacancy
6%
$140
Maintenance
5%
$116
Other
0%
$0