This property looks like a bad Long-Term investment with a projected -20.19% first-year return on $104k initial cash invested.
-20.19%
Cash On Cash
2.45%
Cap Rate
0.38
DSCR
$1,853
Rent
-$1,743
Cashflow
Cash Flow
$1,853 income − $3,596 expenses = $1,743 out of pocket
Investment Breakdown
|
Purchase Price
$493k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$104k
Downpayment
20%
$98,640
Closing costs
1%
$4,932
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,853
Total Expenses
$3,596
Mortgage P&I
143%
$2,657
Property Taxes
16%
$299
Home Insurance
9%
$158
HOA
0%
$0
Property Management
10%
$185
CapEx
5%
$93
Vacancy
6%
$111
Maintenance
5%
$93
Other
0%
$0