This property looks like a bad Long-Term investment with a projected -16.82% first-year return on $98,217 initial cash invested.
-16.82%
Cash On Cash
3.35%
Cap Rate
0.51
DSCR
$2,405
Rent
-$1,377
Cashflow
Cash Flow
$2,405 income − $3,782 expenses = $1,377 out of pocket
Investment Breakdown
|
Purchase Price
$468k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,217
Downpayment
20%
$93,540
Closing costs
1%
$4,677
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,405
Total Expenses
$3,782
Mortgage P&I
106%
$2,561
Property Taxes
17%
$415
Home Insurance
7%
$164
HOA
1%
$18
Property Management
10%
$240
CapEx
5%
$120
Vacancy
6%
$144
Maintenance
5%
$120
Other
0%
$0