This property looks like a bad Long-Term investment with a projected -14.71% first-year return on $97,755 initial cash invested.
-14.71%
Cash On Cash
3.73%
Cap Rate
0.57
DSCR
$2,586
Rent
-$1,198
Cashflow
Cash Flow
$2,586 income − $3,784 expenses = $1,198 out of pocket
Investment Breakdown
|
Purchase Price
$466k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,755
Downpayment
20%
$93,100
Closing costs
1%
$4,655
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,586
Total Expenses
$3,784
Mortgage P&I
97%
$2,514
Property Taxes
17%
$432
Home Insurance
6%
$166
HOA
0%
$0
Property Management
10%
$259
CapEx
5%
$129
Vacancy
6%
$155
Maintenance
5%
$129
Other
0%
$0