This property looks like a bad Long-Term investment with a projected -12.79% first-year return on $99,729 initial cash invested.
-12.79%
Cash On Cash
4.08%
Cap Rate
0.64
DSCR
$3,274
Rent
-$1,063
Cashflow
Cash Flow
$3,274 income − $4,337 expenses = $1,063 out of pocket
Investment Breakdown
|
Purchase Price
$475k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,729
Downpayment
20%
$94,980
Closing costs
1%
$4,749
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,274
Total Expenses
$4,337
Mortgage P&I
77%
$2,515
Property Taxes
23%
$745
Home Insurance
5%
$166
HOA
2%
$60
Property Management
10%
$327
CapEx
5%
$164
Vacancy
6%
$196
Maintenance
5%
$164
Other
0%
$0