This property looks like a bad Long-Term investment with a projected -13.32% first-year return on $99,897 initial cash invested.
-13.32%
Cash On Cash
4.18%
Cap Rate
0.63
DSCR
$2,771
Rent
-$1,109
Cashflow
Cash Flow
$2,771 income − $3,880 expenses = $1,109 out of pocket
Investment Breakdown
|
Purchase Price
$476k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,897
Downpayment
20%
$95,140
Closing costs
1%
$4,757
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,771
Total Expenses
$3,880
Mortgage P&I
95%
$2,626
Property Taxes
13%
$361
Home Insurance
6%
$172
HOA
0%
$0
Property Management
10%
$277
CapEx
5%
$139
Vacancy
6%
$166
Maintenance
5%
$139
Other
0%
$0