This property looks like a bad Long-Term investment with a projected -19.25% first-year return on $99,372 initial cash invested.
-19.25%
Cash On Cash
2.76%
Cap Rate
0.42
DSCR
$1,734
Rent
-$1,594
Cashflow
Cash Flow
$1,734 income − $3,328 expenses = $1,594 out of pocket
Investment Breakdown
|
Purchase Price
$473k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,372
Downpayment
20%
$94,640
Closing costs
1%
$4,732
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,734
Total Expenses
$3,328
Mortgage P&I
150%
$2,596
Property Taxes
6%
$106
Home Insurance
10%
$175
HOA
0%
$0
Property Management
10%
$173
CapEx
5%
$87
Vacancy
6%
$104
Maintenance
5%
$87
Other
0%
$0