This property could be a profitable Long-Term investment with a projected 15.36% first-year return on $31,479 initial cash invested.
15.36%
Cash On Cash
10.84%
Cap Rate
1.62
DSCR
$2,292
Rent
$403
Cashflow
Cash Flow
$2,292 income − $1,889 expenses = $403 cash flow
Investment Breakdown
|
Purchase Price
$150k
Downpayment
20.0%
Interest Rate
7.5%
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
$2,292
Total Expenses
$1,889
Mortgage P&I
36%
$836
Property Taxes
18%
$404
Home Insurance
2%
$52
HOA
0%
$0
Property Management
10%
$229
CapEx
5%
$115
Vacancy
6%
$138
Maintenance
5%
$115
Other
0%
$0