This property looks like a bad Long-Term investment with a projected -14.82% first-year return on $101k initial cash invested.
-14.82%
Cash On Cash
3.72%
Cap Rate
0.57
DSCR
$2,274
Rent
-$1,245
Cashflow
Cash Flow
$2,274 income − $3,519 expenses = $1,245 out of pocket
Investment Breakdown
|
Purchase Price
$480k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$101k
Downpayment
20%
$95,980
Closing costs
1%
$4,799
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,274
Total Expenses
$3,519
Mortgage P&I
115%
$2,619
Property Taxes
6%
$141
Home Insurance
7%
$168
HOA
0%
$0
Property Management
10%
$227
CapEx
5%
$114
Vacancy
6%
$136
Maintenance
5%
$114
Other
0%
$0