This property looks like a bad Long-Term investment with a projected -23.03% first-year return on $98,259 initial cash invested.
-23.03%
Cash On Cash
1.96%
Cap Rate
0.3
DSCR
$1,559
Rent
-$1,886
Cashflow
Cash Flow
$1,559 income − $3,445 expenses = $1,886 out of pocket
Investment Breakdown
|
Purchase Price
$468k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,259
Downpayment
20%
$93,580
Closing costs
1%
$4,679
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,559
Total Expenses
$3,445
Mortgage P&I
165%
$2,571
Property Taxes
20%
$304
Home Insurance
11%
$164
HOA
0%
$0
Property Management
10%
$156
CapEx
5%
$78
Vacancy
6%
$94
Maintenance
5%
$78
Other
0%
$0