This property might be a fair Long-Term investment with a projected 3.21% first-year return on $31,395 initial cash invested.
3.21%
Cash On Cash
7.71%
Cap Rate
1.19
DSCR
$1,395
Rent
$84
Cashflow
Cash Flow
$1,395 income − $1,311 expenses = $84 cash flow
Investment Breakdown
|
Purchase Price
$150k
Downpayment
20.0%
Interest Rate
7.1%
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
$1,395
Total Expenses
$1,311
Mortgage P&I
58%
$806
Property Taxes
7%
$95
Home Insurance
3%
$46
HOA
0%
$0
Property Management
10%
$140
CapEx
5%
$70
Vacancy
6%
$84
Maintenance
5%
$70
Other
0%
$0