This property looks like a bad Long-Term investment with a projected -17.93% first-year return on $99,330 initial cash invested.
-17.93%
Cash On Cash
3.08%
Cap Rate
0.48
DSCR
$2,920
Rent
-$1,484
Cashflow
Cash Flow
$2,920 income − $4,404 expenses = $1,484 out of pocket
Investment Breakdown
|
Purchase Price
$473k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,330
Downpayment
20%
$94,600
Closing costs
1%
$4,730
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,920
Total Expenses
$4,404
Mortgage P&I
87%
$2,552
Property Taxes
32%
$925
Home Insurance
6%
$168
HOA
0%
$0
Property Management
10%
$292
CapEx
5%
$146
Vacancy
6%
$175
Maintenance
5%
$146
Other
0%
$0