This property looks like a bad Long-Term investment with a projected -13.15% first-year return on $97,188 initial cash invested.
-13.15%
Cash On Cash
4.34%
Cap Rate
0.65
DSCR
$3,148
Rent
-$1,065
Cashflow
Cash Flow
$3,148 income − $4,213 expenses = $1,065 out of pocket
Investment Breakdown
|
Purchase Price
$463k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,188
Downpayment
20%
$92,560
Closing costs
1%
$4,628
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,148
Total Expenses
$4,213
Mortgage P&I
82%
$2,580
Property Taxes
21%
$666
Home Insurance
5%
$149
HOA
0%
$0
Property Management
10%
$315
CapEx
5%
$157
Vacancy
6%
$189
Maintenance
5%
$157
Other
0%
$0