This property looks like a bad Long-Term investment with a projected -15.05% first-year return on $99,456 initial cash invested.
-15.05%
Cash On Cash
3.97%
Cap Rate
0.59
DSCR
$2,890
Rent
-$1,247
Cashflow
Cash Flow
$2,890 income − $4,137 expenses = $1,247 out of pocket
Investment Breakdown
|
Purchase Price
$474k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,456
Downpayment
20%
$94,720
Closing costs
1%
$4,736
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,890
Total Expenses
$4,137
Mortgage P&I
92%
$2,669
Property Taxes
19%
$552
Home Insurance
6%
$166
HOA
0%
$0
Property Management
10%
$289
CapEx
5%
$144
Vacancy
6%
$173
Maintenance
5%
$144
Other
0%
$0