This property looks like a bad Long-Term investment with a projected -11.04% first-year return on $99,750 initial cash invested.
-11.04%
Cash On Cash
4.44%
Cap Rate
0.7
DSCR
$3,094
Rent
-$918
Cashflow
Cash Flow
$3,094 income − $4,012 expenses = $918 out of pocket
Investment Breakdown
|
Purchase Price
$475k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,750
Downpayment
20%
$95,000
Closing costs
1%
$4,750
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,094
Total Expenses
$4,012
Mortgage P&I
81%
$2,519
Property Taxes
17%
$522
Home Insurance
5%
$166
HOA
0%
$0
Property Management
10%
$309
CapEx
5%
$155
Vacancy
6%
$186
Maintenance
5%
$155
Other
0%
$0