This property looks like a bad Long-Term investment with a projected -17.37% first-year return on $99,813 initial cash invested.
-17.37%
Cash On Cash
3.42%
Cap Rate
0.51
DSCR
$2,685
Rent
-$1,445
Cashflow
Cash Flow
$2,685 income − $4,130 expenses = $1,445 out of pocket
Investment Breakdown
|
Purchase Price
$475k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,813
Downpayment
20%
$95,060
Closing costs
1%
$4,753
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,685
Total Expenses
$4,130
Mortgage P&I
99%
$2,665
Property Taxes
22%
$596
Home Insurance
6%
$172
HOA
0%
$0
Property Management
10%
$268
CapEx
5%
$134
Vacancy
6%
$161
Maintenance
5%
$134
Other
0%
$0