This property looks like a bad Long-Term investment with a projected -11.77% first-year return on $99,750 initial cash invested.
-11.77%
Cash On Cash
4.66%
Cap Rate
0.7
DSCR
$3,752
Rent
-$978
Cashflow
Cash Flow
$3,752 income − $4,730 expenses = $978 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
$3,752
Total Expenses
$4,730
Mortgage P&I
70%
$2,635
Property Taxes
25%
$953
Home Insurance
4%
$166
HOA
0%
$0
Property Management
10%
$375
CapEx
5%
$188
Vacancy
6%
$225
Maintenance
5%
$188
Other
0%
$0