This property looks like a bad Long-Term investment with a projected -16.17% first-year return on $99,750 initial cash invested.
-16.17%
Cash On Cash
3.44%
Cap Rate
0.52
DSCR
$2,217
Rent
-$1,344
Cashflow
Cash Flow
$2,217 income − $3,561 expenses = $1,344 out of pocket
Investment Breakdown
|
Purchase Price
$475k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,750
Downpayment
20%
$95,000
Closing costs
1%
$4,750
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,217
Total Expenses
$3,561
Mortgage P&I
117%
$2,595
Property Taxes
10%
$223
Home Insurance
7%
$166
HOA
0%
$0
Property Management
10%
$222
CapEx
5%
$111
Vacancy
6%
$133
Maintenance
5%
$111
Other
0%
$0