This property looks like a bad Long-Term investment with a projected -23.86% first-year return on $99,750 initial cash invested.
-23.86%
Cash On Cash
1.76%
Cap Rate
0.27
DSCR
$1,888
Rent
-$1,983
Cashflow
Cash Flow
$1,888 income − $3,871 expenses = $1,983 out of pocket
Investment Breakdown
|
Purchase Price
$475k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,750
Downpayment
20%
$95,000
Closing costs
1%
$4,750
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,888
Total Expenses
$3,871
Mortgage P&I
137%
$2,584
Property Taxes
33%
$631
Home Insurance
9%
$166
HOA
0%
$0
Property Management
10%
$189
CapEx
5%
$94
Vacancy
6%
$113
Maintenance
5%
$94
Other
0%
$0