This property looks like a bad Long-Term investment with a projected -19.92% first-year return on $98,364 initial cash invested.
-19.92%
Cash On Cash
2.69%
Cap Rate
0.4
DSCR
$1,687
Rent
-$1,633
Cashflow
Cash Flow
$1,687 income − $3,320 expenses = $1,633 out of pocket
Investment Breakdown
|
Purchase Price
$468k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,364
Downpayment
20%
$93,680
Closing costs
1%
$4,684
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,687
Total Expenses
$3,320
Mortgage P&I
154%
$2,599
Property Taxes
7%
$113
Home Insurance
10%
$170
HOA
0%
$0
Property Management
10%
$169
CapEx
5%
$84
Vacancy
6%
$101
Maintenance
5%
$84
Other
0%
$0