This property could be a profitable Long-Term investment with a projected 11.54% first-year return on $31,500 initial cash invested.
11.54%
Cash On Cash
9.7%
Cap Rate
1.46
DSCR
$1,628
Rent
$303
Cashflow
Cash Flow
$1,628 income − $1,325 expenses = $303 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
$1,628
Total Expenses
$1,325
Mortgage P&I
51%
$829
Property Taxes
1%
$21
Home Insurance
3%
$52
HOA
0%
$0
Property Management
10%
$163
CapEx
5%
$81
Vacancy
6%
$98
Maintenance
5%
$81
Other
0%
$0