This property looks like a bad Long-Term investment with a projected -13.91% first-year return on $97,650 initial cash invested.
-13.91%
Cash On Cash
4.17%
Cap Rate
0.63
DSCR
$3,384
Rent
-$1,132
Cashflow
Cash Flow
$3,384 income − $4,516 expenses = $1,132 out of pocket
Investment Breakdown
|
Purchase Price
$465k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,650
Downpayment
20%
$93,000
Closing costs
1%
$4,650
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,384
Total Expenses
$4,516
Mortgage P&I
76%
$2,578
Property Taxes
24%
$808
Home Insurance
5%
$163
HOA
3%
$88
Property Management
10%
$338
CapEx
5%
$169
Vacancy
6%
$203
Maintenance
5%
$169
Other
0%
$0