This property looks like a bad Long-Term investment with a projected -12.76% first-year return on $98,490 initial cash invested.
-12.76%
Cash On Cash
4.17%
Cap Rate
0.64
DSCR
$2,853
Rent
-$1,047
Cashflow
Cash Flow
$2,853 income − $3,900 expenses = $1,047 out of pocket
Investment Breakdown
|
Purchase Price
$469k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,490
Downpayment
20%
$93,800
Closing costs
1%
$4,690
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,853
Total Expenses
$3,900
Mortgage P&I
89%
$2,533
Property Taxes
16%
$461
Home Insurance
6%
$164
HOA
0%
$0
Property Management
10%
$285
CapEx
5%
$143
Vacancy
6%
$171
Maintenance
5%
$143
Other
0%
$0