This property looks like a bad Long-Term investment with a projected -12.25% first-year return on $97,041 initial cash invested.
-12.25%
Cash On Cash
4.53%
Cap Rate
0.67
DSCR
$2,958
Rent
-$991
Cashflow
Cash Flow
$2,958 income − $3,949 expenses = $991 out of pocket
Investment Breakdown
|
Purchase Price
$462k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,041
Downpayment
20%
$92,420
Closing costs
1%
$4,621
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,958
Total Expenses
$3,949
Mortgage P&I
88%
$2,589
Property Taxes
14%
$408
Home Insurance
6%
$170
HOA
0%
$13
Property Management
10%
$296
CapEx
5%
$148
Vacancy
6%
$177
Maintenance
5%
$148
Other
0%
$0