This property could be a profitable Long-Term investment with a projected 25.66% first-year return on $31,479 initial cash invested.
25.66%
Cash On Cash
12.94%
Cap Rate
1.99
DSCR
$2,594
Rent
$673
Cashflow
Cash Flow
$2,594 income − $1,921 expenses = $673 cash flow
Investment Breakdown
|
Purchase Price
$150k
Downpayment
20.0%
Interest Rate
7.2%
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
$2,594
Total Expenses
$1,921
Mortgage P&I
31%
$814
Property Taxes
15%
$380
Home Insurance
2%
$52
HOA
0%
$0
Property Management
10%
$259
CapEx
5%
$130
Vacancy
6%
$156
Maintenance
5%
$130
Other
0%
$0