This property looks like a bad Long-Term investment with a projected -31.42% first-year return on $97,629 initial cash invested.
-31.42%
Cash On Cash
0.01%
Cap Rate
0
DSCR
$2,495
Rent
-$2,556
Cashflow
Cash Flow
$2,495 income − $5,051 expenses = $2,556 out of pocket
Investment Breakdown
|
Purchase Price
$465k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,629
Downpayment
20%
$92,980
Closing costs
1%
$4,649
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,495
Total Expenses
$5,051
Mortgage P&I
98%
$2,434
Property Taxes
72%
$1,804
Home Insurance
7%
$163
HOA
0%
$0
Property Management
10%
$250
CapEx
5%
$125
Vacancy
6%
$150
Maintenance
5%
$125
Other
0%
$0