This property looks like a bad Long-Term investment with a projected -18.94% first-year return on $99,750 initial cash invested.
-18.94%
Cash On Cash
3.13%
Cap Rate
0.46
DSCR
$2,034
Rent
-$1,574
Cashflow
Cash Flow
$2,034 income − $3,608 expenses = $1,574 out of pocket
Investment Breakdown
|
Purchase Price
$475k
Downpayment
20.0%
Interest Rate
7.7%
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
$2,034
Total Expenses
$3,608
Mortgage P&I
133%
$2,710
Property Taxes
10%
$203
Home Insurance
8%
$166
HOA
0%
$0
Property Management
10%
$203
CapEx
5%
$102
Vacancy
6%
$122
Maintenance
5%
$102
Other
0%
$0