This property looks like a bad Long-Term investment with a projected -17.93% first-year return on $99,120 initial cash invested.
-17.93%
Cash On Cash
3.09%
Cap Rate
0.47
DSCR
$2,329
Rent
-$1,481
Cashflow
Cash Flow
$2,329 income − $3,810 expenses = $1,481 out of pocket
Investment Breakdown
|
Purchase Price
$472k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,120
Downpayment
20%
$94,400
Closing costs
1%
$4,720
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,329
Total Expenses
$3,810
Mortgage P&I
111%
$2,582
Property Taxes
18%
$426
Home Insurance
7%
$172
HOA
1%
$25
Property Management
10%
$233
CapEx
5%
$116
Vacancy
6%
$140
Maintenance
5%
$116
Other
0%
$0