This property might be a fair Long-Term investment with a projected 6.71% first-year return on $98,070 initial cash invested.
6.71%
Cash On Cash
8.11%
Cap Rate
1.33
DSCR
$4,568
Rent
$548
Cashflow
Cash Flow
$4,568 income − $4,020 expenses = $548 cash flow
Investment Breakdown
|
Purchase Price
$467k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,070
Downpayment
20%
$93,400
Closing costs
1%
$4,670
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,568
Total Expenses
$4,020
Mortgage P&I
52%
$2,379
Property Taxes
5%
$209
Home Insurance
4%
$170
HOA
2%
$75
Property Management
10%
$457
CapEx
5%
$228
Vacancy
6%
$274
Maintenance
5%
$228
Other
0%
$0