This property might be a fair Long-Term investment with a projected 4.95% first-year return on $31,500 initial cash invested.
4.95%
Cash On Cash
8.36%
Cap Rate
1.24
DSCR
$1,491
Rent
$130
Cashflow
Cash Flow
$1,491 income − $1,361 expenses = $130 cash flow
Investment Breakdown
|
Purchase Price
$150k
Downpayment
20.0%
Interest Rate
7.5%
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
$1,491
Total Expenses
$1,361
Mortgage P&I
56%
$840
Property Taxes
5%
$81
Home Insurance
3%
$52
HOA
0%
$0
Property Management
10%
$149
CapEx
5%
$75
Vacancy
6%
$89
Maintenance
5%
$75
Other
0%
$0