This property looks like a bad Long-Term investment with a projected -16.47% first-year return on $96,978 initial cash invested.
-16.47%
Cash On Cash
3.37%
Cap Rate
0.51
DSCR
$2,099
Rent
-$1,331
Cashflow
Cash Flow
$2,099 income − $3,430 expenses = $1,331 out of pocket
Investment Breakdown
|
Purchase Price
$462k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$96,978
Downpayment
20%
$92,360
Closing costs
1%
$4,618
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,099
Total Expenses
$3,430
Mortgage P&I
120%
$2,523
Property Taxes
7%
$155
Home Insurance
8%
$166
HOA
2%
$40
Property Management
10%
$210
CapEx
5%
$105
Vacancy
6%
$126
Maintenance
5%
$105
Other
0%
$0