This property looks like a bad Long-Term investment with a projected -13.32% first-year return on $99,750 initial cash invested.
-13.32%
Cash On Cash
4.16%
Cap Rate
0.63
DSCR
$2,435
Rent
-$1,107
Cashflow
Cash Flow
$2,435 income − $3,542 expenses = $1,107 out of pocket
Investment Breakdown
|
Purchase Price
$475k
Downpayment
20.0%
Interest Rate
7.4%
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
$2,435
Total Expenses
$3,542
Mortgage P&I
108%
$2,632
Property Taxes
5%
$110
Home Insurance
7%
$166
HOA
0%
$0
Property Management
10%
$244
CapEx
5%
$122
Vacancy
6%
$146
Maintenance
5%
$122
Other
0%
$0