This property looks like a bad Long-Term investment with a projected -14.54% first-year return on $98,490 initial cash invested.
-14.54%
Cash On Cash
3.69%
Cap Rate
0.58
DSCR
$2,751
Rent
-$1,193
Cashflow
Cash Flow
$2,751 income − $3,944 expenses = $1,193 out of pocket
Investment Breakdown
|
Purchase Price
$469k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,490
Downpayment
20%
$93,800
Closing costs
1%
$4,690
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,751
Total Expenses
$3,944
Mortgage P&I
91%
$2,496
Property Taxes
21%
$568
Home Insurance
6%
$164
HOA
0%
$0
Property Management
10%
$275
CapEx
5%
$138
Vacancy
6%
$165
Maintenance
5%
$138
Other
0%
$0