This property looks like a bad Long-Term investment with a projected -14.06% first-year return on $99,750 initial cash invested.
-14.06%
Cash On Cash
3.87%
Cap Rate
0.6
DSCR
$2,706
Rent
-$1,169
Cashflow
Cash Flow
$2,706 income − $3,875 expenses = $1,169 out of pocket
Investment Breakdown
|
Purchase Price
$475k
Downpayment
20.0%
Interest Rate
7.1%
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
$2,706
Total Expenses
$3,875
Mortgage P&I
95%
$2,564
Property Taxes
16%
$442
Home Insurance
6%
$166
HOA
0%
$0
Property Management
10%
$271
CapEx
5%
$135
Vacancy
6%
$162
Maintenance
5%
$135
Other
0%
$0