This property looks like a bad Long-Term investment with a projected -28.18% first-year return on $102k initial cash invested.
-28.18%
Cash On Cash
0.93%
Cap Rate
0.14
DSCR
$1,290
Rent
-$2,393
Cashflow
Cash Flow
$1,290 income − $3,683 expenses = $2,393 out of pocket
Investment Breakdown
|
Purchase Price
$485k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$102k
Downpayment
20%
$97,040
Closing costs
1%
$4,852
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,290
Total Expenses
$3,683
Mortgage P&I
210%
$2,704
Property Taxes
36%
$470
Home Insurance
14%
$175
HOA
0%
$0
Property Management
10%
$129
CapEx
5%
$64
Vacancy
6%
$77
Maintenance
5%
$64
Other
0%
$0