This property might be a fair Long-Term investment with a projected 2.78% first-year return on $31,479 initial cash invested.
2.78%
Cash On Cash
7.89%
Cap Rate
1.18
DSCR
$1,547
Rent
$73
Cashflow
Cash Flow
$1,547 income − $1,474 expenses = $73 cash flow
Investment Breakdown
|
Purchase Price
$150k
Downpayment
20.0%
Interest Rate
7.5%
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
$1,547
Total Expenses
$1,474
Mortgage P&I
54%
$836
Property Taxes
12%
$184
Home Insurance
3%
$52
HOA
0%
$0
Property Management
10%
$155
CapEx
5%
$77
Vacancy
6%
$93
Maintenance
5%
$77
Other
0%
$0