This property might be a fair Long-Term investment with a projected 6.51% first-year return on $98,427 initial cash invested.
6.51%
Cash On Cash
8.5%
Cap Rate
1.3
DSCR
$4,567
Rent
$534
Cashflow
Cash Flow
$4,567 income − $4,033 expenses = $534 cash flow
Investment Breakdown
|
Purchase Price
$469k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,427
Downpayment
20%
$93,740
Closing costs
1%
$4,687
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,567
Total Expenses
$4,033
Mortgage P&I
56%
$2,558
Property Taxes
3%
$130
Home Insurance
3%
$158
HOA
0%
$0
Property Management
10%
$457
CapEx
5%
$228
Vacancy
6%
$274
Maintenance
5%
$228
Other
0%
$0