This property looks like a bad Long-Term investment with a projected -14.92% first-year return on $97,797 initial cash invested.
-14.92%
Cash On Cash
3.71%
Cap Rate
0.57
DSCR
$2,176
Rent
-$1,216
Cashflow
Cash Flow
$2,176 income − $3,392 expenses = $1,216 out of pocket
Investment Breakdown
|
Purchase Price
$466k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,797
Downpayment
20%
$93,140
Closing costs
1%
$4,657
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,176
Total Expenses
$3,392
Mortgage P&I
117%
$2,547
Property Taxes
5%
$112
Home Insurance
8%
$166
HOA
0%
$0
Property Management
10%
$218
CapEx
5%
$109
Vacancy
6%
$131
Maintenance
5%
$109
Other
0%
$0