This property could be a profitable Long-Term investment with a projected 22.59% first-year return on $31,500 initial cash invested.
22.59%
Cash On Cash
12.55%
Cap Rate
1.87
DSCR
$2,745
Rent
$593
Cashflow
Cash Flow
$2,745 income − $2,152 expenses = $593 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
$2,745
Total Expenses
$2,152
Mortgage P&I
31%
$839
Property Taxes
20%
$548
Home Insurance
2%
$52
HOA
0%
$0
Property Management
10%
$274
CapEx
5%
$137
Vacancy
6%
$165
Maintenance
5%
$137
Other
0%
$0