This property looks like a bad Long-Term investment with a projected -9.4% first-year return on $99,834 initial cash invested.
-9.4%
Cash On Cash
4.97%
Cap Rate
0.76
DSCR
$3,212
Rent
-$782
Cashflow
Cash Flow
$3,212 income − $3,994 expenses = $782 out of pocket
Investment Breakdown
|
Purchase Price
$475k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,834
Downpayment
20%
$95,080
Closing costs
1%
$4,754
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,212
Total Expenses
$3,994
Mortgage P&I
81%
$2,589
Property Taxes
12%
$396
Home Insurance
5%
$173
HOA
0%
$0
Property Management
10%
$321
CapEx
5%
$161
Vacancy
6%
$193
Maintenance
5%
$161
Other
0%
$0