This property looks like a bad Long-Term investment with a projected -4.18% first-year return on $97,713 initial cash invested.
-4.18%
Cash On Cash
6.37%
Cap Rate
0.95
DSCR
$4,125
Rent
-$340
Cashflow
Cash Flow
$4,125 income − $4,465 expenses = $340 out of pocket
Investment Breakdown
|
Purchase Price
$465k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,713
Downpayment
20%
$93,060
Closing costs
1%
$4,653
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,125
Total Expenses
$4,465
Mortgage P&I
63%
$2,603
Property Taxes
15%
$624
Home Insurance
4%
$166
HOA
0%
$0
Property Management
10%
$412
CapEx
5%
$206
Vacancy
6%
$248
Maintenance
5%
$206
Other
0%
$0