This property looks like a bad Long-Term investment with a projected -17.64% first-year return on $96,747 initial cash invested.
-17.64%
Cash On Cash
3.18%
Cap Rate
0.49
DSCR
$2,651
Rent
-$1,422
Cashflow
Cash Flow
$2,651 income − $4,073 expenses = $1,422 out of pocket
Investment Breakdown
|
Purchase Price
$461k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$96,747
Downpayment
20%
$92,140
Closing costs
1%
$4,607
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,651
Total Expenses
$4,073
Mortgage P&I
95%
$2,509
Property Taxes
24%
$647
Home Insurance
7%
$189
HOA
1%
$38
Property Management
10%
$265
CapEx
5%
$133
Vacancy
6%
$159
Maintenance
5%
$133
Other
0%
$0