This property looks like a bad Long-Term investment with a projected -12.64% first-year return on $97,482 initial cash invested.
-12.64%
Cash On Cash
4.21%
Cap Rate
0.65
DSCR
$2,909
Rent
-$1,027
Cashflow
Cash Flow
$2,909 income − $3,936 expenses = $1,027 out of pocket
Investment Breakdown
|
Purchase Price
$464k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,482
Downpayment
20%
$92,840
Closing costs
1%
$4,642
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,909
Total Expenses
$3,936
Mortgage P&I
86%
$2,511
Property Taxes
17%
$506
Home Insurance
6%
$163
HOA
0%
$0
Property Management
10%
$291
CapEx
5%
$145
Vacancy
6%
$175
Maintenance
5%
$145
Other
0%
$0