This property looks like a bad Long-Term investment with a projected -8.94% first-year return on $99,141 initial cash invested.
-8.94%
Cash On Cash
4.72%
Cap Rate
0.77
DSCR
$3,562
Rent
-$739
Cashflow
Cash Flow
$3,562 income − $4,301 expenses = $739 out of pocket
Investment Breakdown
|
Purchase Price
$472k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,141
Downpayment
20%
$94,420
Closing costs
1%
$4,721
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,562
Total Expenses
$4,301
Mortgage P&I
68%
$2,418
Property Taxes
8%
$292
Home Insurance
10%
$340
HOA
9%
$325
Property Management
10%
$356
CapEx
5%
$178
Vacancy
6%
$214
Maintenance
5%
$178
Other
0%
$0