This property looks like a bad Long-Term investment with a projected -12.44% first-year return on $99,645 initial cash invested.
-12.44%
Cash On Cash
4.2%
Cap Rate
0.65
DSCR
$2,709
Rent
-$1,033
Cashflow
Cash Flow
$2,709 income − $3,742 expenses = $1,033 out of pocket
Investment Breakdown
|
Purchase Price
$475k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,645
Downpayment
20%
$94,900
Closing costs
1%
$4,745
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,709
Total Expenses
$3,742
Mortgage P&I
95%
$2,560
Property Taxes
13%
$348
Home Insurance
5%
$130
HOA
0%
$0
Property Management
10%
$271
CapEx
5%
$135
Vacancy
6%
$163
Maintenance
5%
$135
Other
0%
$0