This property looks like a bad Long-Term investment with a projected -19.91% first-year return on $99,750 initial cash invested.
-19.91%
Cash On Cash
2.87%
Cap Rate
0.42
DSCR
$2,024
Rent
-$1,655
Cashflow
Cash Flow
$2,024 income − $3,679 expenses = $1,655 out of pocket
Investment Breakdown
|
Purchase Price
$475k
Downpayment
20.0%
Interest Rate
7.6%
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
$2,024
Total Expenses
$3,679
Mortgage P&I
133%
$2,689
Property Taxes
11%
$214
Home Insurance
8%
$166
HOA
4%
$85
Property Management
10%
$202
CapEx
5%
$101
Vacancy
6%
$121
Maintenance
5%
$101
Other
0%
$0