This property looks like a bad Long-Term investment with a projected -14.04% first-year return on $99,729 initial cash invested.
-14.04%
Cash On Cash
3.92%
Cap Rate
0.6
DSCR
$2,750
Rent
-$1,167
Cashflow
Cash Flow
$2,750 income − $3,917 expenses = $1,167 out of pocket
Investment Breakdown
|
Purchase Price
$475k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,729
Downpayment
20%
$94,980
Closing costs
1%
$4,749
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,750
Total Expenses
$3,917
Mortgage P&I
94%
$2,581
Property Taxes
18%
$506
Home Insurance
4%
$114
HOA
0%
$0
Property Management
10%
$275
CapEx
5%
$138
Vacancy
6%
$165
Maintenance
5%
$138
Other
0%
$0