This property looks like a bad Long-Term investment with a projected -15.99% first-year return on $98,007 initial cash invested.
-15.99%
Cash On Cash
3.44%
Cap Rate
0.53
DSCR
$2,499
Rent
-$1,306
Cashflow
Cash Flow
$2,499 income − $3,805 expenses = $1,306 out of pocket
Investment Breakdown
|
Purchase Price
$467k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,007
Downpayment
20%
$93,340
Closing costs
1%
$4,667
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,499
Total Expenses
$3,805
Mortgage P&I
101%
$2,517
Property Taxes
19%
$474
Home Insurance
7%
$164
HOA
0%
$0
Property Management
10%
$250
CapEx
5%
$125
Vacancy
6%
$150
Maintenance
5%
$125
Other
0%
$0