This property looks like a bad Long-Term investment with a projected -18.24% first-year return on $99,750 initial cash invested.
-18.24%
Cash On Cash
2.77%
Cap Rate
0.43
DSCR
$1,815
Rent
-$1,516
Cashflow
Cash Flow
$1,815 income − $3,331 expenses = $1,516 out of pocket
Investment Breakdown
|
Purchase Price
$475k
Downpayment
20.0%
Interest Rate
7.0%
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
$1,815
Total Expenses
$3,331
Mortgage P&I
139%
$2,522
Property Taxes
9%
$170
Home Insurance
9%
$166
HOA
0%
$0
Property Management
10%
$182
CapEx
5%
$91
Vacancy
6%
$109
Maintenance
5%
$91
Other
0%
$0