This property looks like a bad Long-Term investment with a projected -14.16% first-year return on $98,826 initial cash invested.
-14.16%
Cash On Cash
4.06%
Cap Rate
0.62
DSCR
$3,528
Rent
-$1,166
Cashflow
Cash Flow
$3,528 income − $4,694 expenses = $1,166 out of pocket
Investment Breakdown
|
Purchase Price
$471k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,826
Downpayment
20%
$94,120
Closing costs
1%
$4,706
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,528
Total Expenses
$4,694
Mortgage P&I
73%
$2,584
Property Taxes
27%
$954
Home Insurance
5%
$168
HOA
2%
$71
Property Management
10%
$353
CapEx
5%
$176
Vacancy
6%
$212
Maintenance
5%
$176
Other
0%
$0