This property looks like a bad Long-Term investment with a projected -10.78% first-year return on $99,099 initial cash invested.
-10.78%
Cash On Cash
4.8%
Cap Rate
0.72
DSCR
$3,152
Rent
-$890
Cashflow
Cash Flow
$3,152 income − $4,042 expenses = $890 out of pocket
Investment Breakdown
|
Purchase Price
$472k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,099
Downpayment
20%
$94,380
Closing costs
1%
$4,719
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,152
Total Expenses
$4,042
Mortgage P&I
83%
$2,618
Property Taxes
14%
$438
Home Insurance
5%
$166
HOA
0%
$0
Property Management
10%
$315
CapEx
5%
$158
Vacancy
6%
$189
Maintenance
5%
$158
Other
0%
$0