This property could be a profitable Long-Term investment with a projected 29.41% first-year return on $31,500 initial cash invested.
29.41%
Cash On Cash
13.87%
Cap Rate
2.07
DSCR
$2,457
Rent
$772
Cashflow
Cash Flow
$2,457 income − $1,685 expenses = $772 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
$2,457
Total Expenses
$1,685
Mortgage P&I
34%
$839
Property Taxes
6%
$155
Home Insurance
2%
$52
HOA
0%
$0
Property Management
10%
$246
CapEx
5%
$123
Vacancy
6%
$147
Maintenance
5%
$123
Other
0%
$0