This property looks like a bad Long-Term investment with a projected -11.92% first-year return on $99,120 initial cash invested.
-11.92%
Cash On Cash
4.14%
Cap Rate
0.67
DSCR
$3,339
Rent
-$985
Cashflow
Cash Flow
$3,339 income − $4,324 expenses = $985 out of pocket
Investment Breakdown
|
Purchase Price
$472k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,120
Downpayment
20%
$94,400
Closing costs
1%
$4,720
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,339
Total Expenses
$4,324
Mortgage P&I
73%
$2,445
Property Taxes
25%
$843
Home Insurance
5%
$168
HOA
0%
$0
Property Management
10%
$334
CapEx
5%
$167
Vacancy
6%
$200
Maintenance
5%
$167
Other
0%
$0