This property looks like a bad Long-Term investment with a projected -19.29% first-year return on $98,784 initial cash invested.
-19.29%
Cash On Cash
2.88%
Cap Rate
0.43
DSCR
$2,082
Rent
-$1,588
Cashflow
Cash Flow
$2,082 income − $3,670 expenses = $1,588 out of pocket
Investment Breakdown
|
Purchase Price
$470k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,784
Downpayment
20%
$94,080
Closing costs
1%
$4,704
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,082
Total Expenses
$3,670
Mortgage P&I
125%
$2,611
Property Taxes
17%
$347
Home Insurance
8%
$171
HOA
0%
$0
Property Management
10%
$208
CapEx
5%
$104
Vacancy
6%
$125
Maintenance
5%
$104
Other
0%
$0