This property could be a profitable Long-Term investment with a projected 19.76% first-year return on $31,395 initial cash invested.
19.76%
Cash On Cash
11.62%
Cap Rate
1.74
DSCR
$2,018
Rent
$517
Cashflow
Cash Flow
$2,018 income − $1,501 expenses = $517 cash flow
Investment Breakdown
|
Purchase Price
$150k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$31,395
Downpayment
20%
$29,900
Closing costs
1%
$1,495
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,018
Total Expenses
$1,501
Mortgage P&I
41%
$830
Property Taxes
4%
$80
Home Insurance
3%
$66
HOA
0%
$0
Property Management
10%
$202
CapEx
5%
$101
Vacancy
6%
$121
Maintenance
5%
$101
Other
0%
$0