This property looks like a bad Long-Term investment with a projected -12.69% first-year return on $97,587 initial cash invested.
-12.69%
Cash On Cash
4.32%
Cap Rate
0.65
DSCR
$2,792
Rent
-$1,032
Cashflow
Cash Flow
$2,792 income − $3,824 expenses = $1,032 out of pocket
Investment Breakdown
|
Purchase Price
$465k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,587
Downpayment
20%
$92,940
Closing costs
1%
$4,647
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,792
Total Expenses
$3,824
Mortgage P&I
92%
$2,563
Property Taxes
13%
$368
Home Insurance
6%
$166
HOA
0%
$0
Property Management
10%
$279
CapEx
5%
$140
Vacancy
6%
$168
Maintenance
5%
$140
Other
0%
$0