This property looks like a bad Long-Term investment with a projected -17.23% first-year return on $99,435 initial cash invested.
-17.23%
Cash On Cash
3.16%
Cap Rate
0.48
DSCR
$1,894
Rent
-$1,428
Cashflow
Cash Flow
$1,894 income − $3,322 expenses = $1,428 out of pocket
Investment Breakdown
|
Purchase Price
$474k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,435
Downpayment
20%
$94,700
Closing costs
1%
$4,735
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,894
Total Expenses
$3,322
Mortgage P&I
136%
$2,581
Property Taxes
4%
$73
Home Insurance
9%
$175
HOA
0%
$0
Property Management
10%
$189
CapEx
5%
$95
Vacancy
6%
$114
Maintenance
5%
$95
Other
0%
$0