This property looks like a bad Long-Term investment with a projected -14.57% first-year return on $97,755 initial cash invested.
-14.57%
Cash On Cash
3.67%
Cap Rate
0.57
DSCR
$2,526
Rent
-$1,187
Cashflow
Cash Flow
$2,526 income − $3,713 expenses = $1,187 out of pocket
Investment Breakdown
|
Purchase Price
$466k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,755
Downpayment
20%
$93,100
Closing costs
1%
$4,655
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,526
Total Expenses
$3,713
Mortgage P&I
98%
$2,484
Property Taxes
16%
$404
Home Insurance
7%
$168
HOA
0%
$0
Property Management
10%
$253
CapEx
5%
$126
Vacancy
6%
$152
Maintenance
5%
$126
Other
0%
$0