This property looks like a bad Long-Term investment with a projected -13.91% first-year return on $99,750 initial cash invested.
-13.91%
Cash On Cash
3.71%
Cap Rate
0.59
DSCR
$2,876
Rent
-$1,156
Cashflow
Cash Flow
$2,876 income − $4,032 expenses = $1,156 out of pocket
Investment Breakdown
|
Purchase Price
$475k
Downpayment
20.0%
Interest Rate
6.8%
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
$2,876
Total Expenses
$4,032
Mortgage P&I
86%
$2,482
Property Taxes
21%
$618
Home Insurance
6%
$166
HOA
1%
$17
Property Management
10%
$288
CapEx
5%
$144
Vacancy
6%
$173
Maintenance
5%
$144
Other
0%
$0