This property looks like a bad Long-Term investment with a projected -19.37% first-year return on $99,729 initial cash invested.
-19.37%
Cash On Cash
2.78%
Cap Rate
0.43
DSCR
$2,677
Rent
-$1,610
Cashflow
Cash Flow
$2,677 income − $4,287 expenses = $1,610 out of pocket
Investment Breakdown
|
Purchase Price
$475k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,729
Downpayment
20%
$94,980
Closing costs
1%
$4,749
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,677
Total Expenses
$4,287
Mortgage P&I
96%
$2,577
Property Taxes
32%
$847
Home Insurance
6%
$166
HOA
0%
$0
Property Management
10%
$268
CapEx
5%
$134
Vacancy
6%
$161
Maintenance
5%
$134
Other
0%
$0