This property looks like a bad Long-Term investment with a projected -15.11% first-year return on $96,831 initial cash invested.
-15.11%
Cash On Cash
3.71%
Cap Rate
0.56
DSCR
$2,364
Rent
-$1,219
Cashflow
Cash Flow
$2,364 income − $3,583 expenses = $1,219 out of pocket
Investment Breakdown
|
Purchase Price
$461k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$96,831
Downpayment
20%
$92,220
Closing costs
1%
$4,611
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,364
Total Expenses
$3,583
Mortgage P&I
107%
$2,526
Property Taxes
11%
$263
Home Insurance
8%
$180
HOA
0%
$0
Property Management
10%
$236
CapEx
5%
$118
Vacancy
6%
$142
Maintenance
5%
$118
Other
0%
$0