This property looks like a bad Long-Term investment with a projected -20.34% first-year return on $101k initial cash invested.
-20.34%
Cash On Cash
2.47%
Cap Rate
0.38
DSCR
$2,381
Rent
-$1,705
Cashflow
Cash Flow
$2,381 income − $4,086 expenses = $1,705 out of pocket
Investment Breakdown
|
Purchase Price
$479k
Downpayment
20.0%
Interest Rate
7.1%
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
$2,381
Total Expenses
$4,086
Mortgage P&I
108%
$2,573
Property Taxes
27%
$631
Home Insurance
7%
$168
HOA
4%
$95
Property Management
10%
$238
CapEx
5%
$119
Vacancy
6%
$143
Maintenance
5%
$119
Other
0%
$0