This property could be a profitable Long-Term investment with a projected 10.29% first-year return on $31,479 initial cash invested.
10.29%
Cash On Cash
9.4%
Cap Rate
1.45
DSCR
$1,924
Rent
$270
Cashflow
Cash Flow
$1,924 income − $1,654 expenses = $270 cash flow
Investment Breakdown
|
Purchase Price
$150k
Downpayment
20.0%
Interest Rate
7.1%
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
$1,924
Total Expenses
$1,654
Mortgage P&I
42%
$808
Property Taxes
15%
$295
Home Insurance
3%
$52
HOA
0%
$0
Property Management
10%
$192
CapEx
5%
$96
Vacancy
6%
$115
Maintenance
5%
$96
Other
0%
$0