This property might be a fair Long-Term investment with a projected 7.31% first-year return on $31,500 initial cash invested.
7.31%
Cash On Cash
9.06%
Cap Rate
1.34
DSCR
$1,911
Rent
$192
Cashflow
Cash Flow
$1,911 income − $1,719 expenses = $192 cash flow
Investment Breakdown
|
Purchase Price
$150k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$31,500
Downpayment
20%
$30,000
Closing costs
1%
$1,500
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,911
Total Expenses
$1,719
Mortgage P&I
44%
$844
Property Taxes
17%
$325
Home Insurance
3%
$52
HOA
0%
$0
Property Management
10%
$191
CapEx
5%
$96
Vacancy
6%
$115
Maintenance
5%
$96
Other
0%
$0