This property looks like a bad Long-Term investment with a projected -12.89% first-year return on $99,162 initial cash invested.
-12.89%
Cash On Cash
4.08%
Cap Rate
0.64
DSCR
$2,855
Rent
-$1,065
Cashflow
Cash Flow
$2,855 income − $3,920 expenses = $1,065 out of pocket
Investment Breakdown
|
Purchase Price
$472k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,162
Downpayment
20%
$94,440
Closing costs
1%
$4,722
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,855
Total Expenses
$3,920
Mortgage P&I
89%
$2,527
Property Taxes
17%
$478
Home Insurance
6%
$172
HOA
0%
$0
Property Management
10%
$286
CapEx
5%
$143
Vacancy
6%
$171
Maintenance
5%
$143
Other
0%
$0