This property looks like a bad Long-Term investment with a projected -16.67% first-year return on $98,112 initial cash invested.
-16.67%
Cash On Cash
3.17%
Cap Rate
0.5
DSCR
$2,073
Rent
-$1,363
Cashflow
Cash Flow
$2,073 income − $3,436 expenses = $1,363 out of pocket
Investment Breakdown
|
Purchase Price
$467k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,112
Downpayment
20%
$93,440
Closing costs
1%
$4,672
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,073
Total Expenses
$3,436
Mortgage P&I
120%
$2,494
Property Taxes
12%
$239
Home Insurance
8%
$164
HOA
0%
$0
Property Management
10%
$207
CapEx
5%
$104
Vacancy
6%
$124
Maintenance
5%
$104
Other
0%
$0