This property might be a fair Long-Term investment with a projected 8.46% first-year return on $31,500 initial cash invested.
8.46%
Cash On Cash
9.18%
Cap Rate
1.38
DSCR
$1,915
Rent
$222
Cashflow
Cash Flow
$1,915 income − $1,693 expenses = $222 cash flow
Investment Breakdown
|
Purchase Price
$150k
Downpayment
20.0%
Interest Rate
7.4%
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
$1,915
Total Expenses
$1,693
Mortgage P&I
43%
$830
Property Taxes
16%
$312
Home Insurance
3%
$52
HOA
0%
$0
Property Management
10%
$192
CapEx
5%
$96
Vacancy
6%
$115
Maintenance
5%
$96
Other
0%
$0