This property looks like a bad Long-Term investment with a projected -17.18% first-year return on $99,120 initial cash invested.
-17.18%
Cash On Cash
3.2%
Cap Rate
0.49
DSCR
$2,634
Rent
-$1,419
Cashflow
Cash Flow
$2,634 income − $4,053 expenses = $1,419 out of pocket
Investment Breakdown
|
Purchase Price
$472k
Downpayment
20.0%
Interest Rate
7.1%
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
$2,634
Total Expenses
$4,053
Mortgage P&I
97%
$2,544
Property Taxes
17%
$460
Home Insurance
6%
$165
HOA
8%
$199
Property Management
10%
$263
CapEx
5%
$132
Vacancy
6%
$158
Maintenance
5%
$132
Other
0%
$0