This property looks like a bad Long-Term investment with a projected -8.71% first-year return on $99,750 initial cash invested.
-8.71%
Cash On Cash
4.98%
Cap Rate
0.78
DSCR
$3,225
Rent
-$724
Cashflow
Cash Flow
$3,225 income − $3,949 expenses = $724 out of pocket
Investment Breakdown
|
Purchase Price
$475k
Downpayment
20.0%
Interest Rate
7.0%
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
$3,225
Total Expenses
$3,949
Mortgage P&I
79%
$2,533
Property Taxes
13%
$412
Home Insurance
5%
$166
HOA
0%
$0
Property Management
10%
$322
CapEx
5%
$161
Vacancy
6%
$194
Maintenance
5%
$161
Other
0%
$0