This property might be a fair Long-Term investment with a projected 2.39% first-year return on $98,532 initial cash invested.
2.39%
Cash On Cash
7.37%
Cap Rate
1.17
DSCR
$4,658
Rent
$196
Cashflow
Cash Flow
$4,658 income − $4,462 expenses = $196 cash flow
Investment Breakdown
|
Purchase Price
$469k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,532
Downpayment
20%
$93,840
Closing costs
1%
$4,692
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,658
Total Expenses
$4,462
Mortgage P&I
53%
$2,454
Property Taxes
14%
$633
Home Insurance
4%
$164
HOA
0%
$0
Property Management
10%
$466
CapEx
5%
$233
Vacancy
6%
$279
Maintenance
5%
$233
Other
0%
$0