This property might be a fair Long-Term investment with a projected 4.38% first-year return on $31,479 initial cash invested.
4.38%
Cash On Cash
8.21%
Cap Rate
1.23
DSCR
$1,590
Rent
$115
Cashflow
Cash Flow
$1,590 income − $1,475 expenses = $115 cash flow
Investment Breakdown
|
Purchase Price
$150k
Downpayment
20.0%
Interest Rate
7.4%
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
$1,590
Total Expenses
$1,475
Mortgage P&I
52%
$830
Property Taxes
11%
$179
Home Insurance
3%
$52
HOA
0%
$0
Property Management
10%
$159
CapEx
5%
$80
Vacancy
6%
$95
Maintenance
5%
$80
Other
0%
$0