This property looks like a bad Long-Term investment with a projected -22.1% first-year return on $99,477 initial cash invested.
-22.1%
Cash On Cash
1.93%
Cap Rate
0.3
DSCR
$1,705
Rent
-$1,832
Cashflow
Cash Flow
$1,705 income − $3,537 expenses = $1,832 out of pocket
Investment Breakdown
|
Purchase Price
$474k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,477
Downpayment
20%
$94,740
Closing costs
1%
$4,737
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,705
Total Expenses
$3,537
Mortgage P&I
147%
$2,510
Property Taxes
24%
$414
Home Insurance
10%
$171
HOA
0%
$0
Property Management
10%
$170
CapEx
5%
$85
Vacancy
6%
$102
Maintenance
5%
$85
Other
0%
$0