This property looks like a bad Long-Term investment with a projected -12.53% first-year return on $98,994 initial cash invested.
-12.53%
Cash On Cash
4.24%
Cap Rate
0.65
DSCR
$2,691
Rent
-$1,034
Cashflow
Cash Flow
$2,691 income − $3,725 expenses = $1,034 out of pocket
Investment Breakdown
|
Purchase Price
$471k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,994
Downpayment
20%
$94,280
Closing costs
1%
$4,714
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,691
Total Expenses
$3,725
Mortgage P&I
95%
$2,565
Property Taxes
10%
$271
Home Insurance
7%
$175
HOA
1%
$14
Property Management
10%
$269
CapEx
5%
$135
Vacancy
6%
$161
Maintenance
5%
$135
Other
0%
$0