This property looks like a bad Long-Term investment with a projected -14.18% first-year return on $97,650 initial cash invested.
-14.18%
Cash On Cash
3.8%
Cap Rate
0.59
DSCR
$2,718
Rent
-$1,154
Cashflow
Cash Flow
$2,718 income − $3,872 expenses = $1,154 out of pocket
Investment Breakdown
|
Purchase Price
$465k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,650
Downpayment
20%
$93,000
Closing costs
1%
$4,650
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,718
Total Expenses
$3,872
Mortgage P&I
92%
$2,489
Property Taxes
17%
$458
Home Insurance
6%
$164
HOA
2%
$54
Property Management
10%
$272
CapEx
5%
$136
Vacancy
6%
$163
Maintenance
5%
$136
Other
0%
$0