This property could be a profitable Long-Term investment with a projected 19.05% first-year return on $31,500 initial cash invested.
19.05%
Cash On Cash
11.64%
Cap Rate
1.75
DSCR
$2,480
Rent
$500
Cashflow
Cash Flow
$2,480 income − $1,980 expenses = $500 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
$2,480
Total Expenses
$1,980
Mortgage P&I
34%
$831
Property Taxes
18%
$452
Home Insurance
2%
$52
HOA
0%
$0
Property Management
10%
$248
CapEx
5%
$124
Vacancy
6%
$149
Maintenance
5%
$124
Other
0%
$0