This property looks like a bad Long-Term investment with a projected -15.56% first-year return on $99,687 initial cash invested.
-15.56%
Cash On Cash
3.54%
Cap Rate
0.55
DSCR
$2,539
Rent
-$1,293
Cashflow
Cash Flow
$2,539 income − $3,832 expenses = $1,293 out of pocket
Investment Breakdown
|
Purchase Price
$475k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,687
Downpayment
20%
$94,940
Closing costs
1%
$4,747
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,539
Total Expenses
$3,832
Mortgage P&I
101%
$2,565
Property Taxes
17%
$421
Home Insurance
7%
$178
HOA
0%
$8
Property Management
10%
$254
CapEx
5%
$127
Vacancy
6%
$152
Maintenance
5%
$127
Other
0%
$0