This property looks like a bad Long-Term investment with a projected -15.88% first-year return on $101k initial cash invested.
-15.88%
Cash On Cash
3.57%
Cap Rate
0.54
DSCR
$2,179
Rent
-$1,335
Cashflow
Cash Flow
$2,179 income − $3,514 expenses = $1,335 out of pocket
Investment Breakdown
|
Purchase Price
$480k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$101k
Downpayment
20%
$96,060
Closing costs
1%
$4,803
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,179
Total Expenses
$3,514
Mortgage P&I
122%
$2,654
Property Taxes
5%
$118
Home Insurance
8%
$175
HOA
0%
$0
Property Management
10%
$218
CapEx
5%
$109
Vacancy
6%
$131
Maintenance
5%
$109
Other
0%
$0