This property might be a fair Long-Term investment with a projected 5.45% first-year return on $31,479 initial cash invested.
5.45%
Cash On Cash
8.33%
Cap Rate
1.26
DSCR
$1,384
Rent
$143
Cashflow
Cash Flow
$1,384 income − $1,241 expenses = $143 cash flow
Investment Breakdown
|
Purchase Price
$150k
Downpayment
20.0%
Interest Rate
7.4%
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
$1,384
Total Expenses
$1,241
Mortgage P&I
60%
$828
Property Taxes
0%
$2
Home Insurance
4%
$52
HOA
0%
$0
Property Management
10%
$138
CapEx
5%
$69
Vacancy
6%
$83
Maintenance
5%
$69
Other
0%
$0