This property might be a fair Long-Term investment with a projected 3.99% first-year return on $97,713 initial cash invested.
3.99%
Cash On Cash
7.82%
Cap Rate
1.23
DSCR
$4,663
Rent
$325
Cashflow
Cash Flow
$4,663 income − $4,338 expenses = $325 cash flow
Investment Breakdown
|
Purchase Price
$465k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,713
Downpayment
20%
$93,060
Closing costs
1%
$4,653
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,663
Total Expenses
$4,338
Mortgage P&I
53%
$2,474
Property Taxes
10%
$461
Home Insurance
4%
$175
HOA
0%
$16
Property Management
10%
$466
CapEx
5%
$233
Vacancy
6%
$280
Maintenance
5%
$233
Other
0%
$0