This property might be a fair Long-Term investment with a projected 7.78% first-year return on $31,479 initial cash invested.
7.78%
Cash On Cash
8.71%
Cap Rate
1.37
DSCR
$1,805
Rent
$204
Cashflow
Cash Flow
$1,805 income − $1,601 expenses = $204 cash flow
Investment Breakdown
|
Purchase Price
$150k
Downpayment
20.0%
Interest Rate
7.0%
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
$1,805
Total Expenses
$1,601
Mortgage P&I
44%
$794
Property Taxes
16%
$287
Home Insurance
3%
$52
HOA
0%
$0
Property Management
10%
$180
CapEx
5%
$90
Vacancy
6%
$108
Maintenance
5%
$90
Other
0%
$0