This property might be a fair Long-Term investment with a projected 4.15% first-year return on $31,500 initial cash invested.
4.15%
Cash On Cash
8.3%
Cap Rate
1.23
DSCR
$1,630
Rent
$109
Cashflow
Cash Flow
$1,630 income − $1,521 expenses = $109 cash flow
Investment Breakdown
|
Purchase Price
$150k
Downpayment
20.0%
Interest Rate
7.6%
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
$1,630
Total Expenses
$1,521
Mortgage P&I
52%
$847
Property Taxes
12%
$197
Home Insurance
3%
$52
HOA
0%
$0
Property Management
10%
$163
CapEx
5%
$82
Vacancy
6%
$98
Maintenance
5%
$82
Other
0%
$0