This property could be a profitable Long-Term investment with a projected 14.49% first-year return on $31,479 initial cash invested.
14.49%
Cash On Cash
10.28%
Cap Rate
1.58
DSCR
$1,850
Rent
$380
Cashflow
Cash Flow
$1,850 income − $1,470 expenses = $380 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
$1,850
Total Expenses
$1,470
Mortgage P&I
44%
$812
Property Taxes
7%
$126
Home Insurance
3%
$52
HOA
0%
$0
Property Management
10%
$185
CapEx
5%
$92
Vacancy
6%
$111
Maintenance
5%
$92
Other
0%
$0