This property looks like a bad Long-Term investment with a projected -16.9% first-year return on $101k initial cash invested.
-16.9%
Cash On Cash
3.38%
Cap Rate
0.51
DSCR
$2,535
Rent
-$1,417
Cashflow
Cash Flow
$2,535 income − $3,952 expenses = $1,417 out of pocket
Investment Breakdown
|
Purchase Price
$479k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$101k
Downpayment
20%
$95,800
Closing costs
1%
$4,790
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,535
Total Expenses
$3,952
Mortgage P&I
104%
$2,640
Property Taxes
18%
$467
Home Insurance
7%
$168
HOA
1%
$17
Property Management
10%
$254
CapEx
5%
$127
Vacancy
6%
$152
Maintenance
5%
$127
Other
0%
$0