This property might be a fair Long-Term investment with a projected 9.75% first-year return on $31,500 initial cash invested.
9.75%
Cash On Cash
9.5%
Cap Rate
1.41
DSCR
$1,794
Rent
$256
Cashflow
Cash Flow
$1,794 income − $1,538 expenses = $256 cash flow
Investment Breakdown
|
Purchase Price
$150k
Downpayment
20.0%
Interest Rate
7.5%
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
$1,794
Total Expenses
$1,538
Mortgage P&I
47%
$842
Property Taxes
10%
$177
Home Insurance
3%
$52
HOA
0%
$0
Property Management
10%
$179
CapEx
5%
$90
Vacancy
6%
$108
Maintenance
5%
$90
Other
0%
$0