This property looks like a bad Long-Term investment with a projected -11.68% first-year return on $97,230 initial cash invested.
-11.68%
Cash On Cash
4.38%
Cap Rate
0.68
DSCR
$3,303
Rent
-$946
Cashflow
Cash Flow
$3,303 income − $4,249 expenses = $946 out of pocket
Investment Breakdown
|
Purchase Price
$463k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,230
Downpayment
20%
$92,600
Closing costs
1%
$4,630
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,303
Total Expenses
$4,249
Mortgage P&I
75%
$2,470
Property Taxes
23%
$751
Home Insurance
5%
$163
HOA
0%
$7
Property Management
10%
$330
CapEx
5%
$165
Vacancy
6%
$198
Maintenance
5%
$165
Other
0%
$0