This property could be a profitable Long-Term investment with a projected 11.2% first-year return on $31,490 initial cash invested.
11.2%
Cash On Cash
9.83%
Cap Rate
1.45
DSCR
$1,783
Rent
$294
Cashflow
Cash Flow
$1,783 income − $1,489 expenses = $294 cash flow
Investment Breakdown
|
Purchase Price
$150k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$31,490
Downpayment
20%
$29,990
Closing costs
1%
$1,500
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,783
Total Expenses
$1,489
Mortgage P&I
47%
$845
Property Taxes
7%
$129
Home Insurance
3%
$52
HOA
0%
$0
Property Management
10%
$178
CapEx
5%
$89
Vacancy
6%
$107
Maintenance
5%
$89
Other
0%
$0