This property looks like a bad Long-Term investment with a projected -11.05% first-year return on $99,456 initial cash invested.
-11.05%
Cash On Cash
4.44%
Cap Rate
0.69
DSCR
$2,678
Rent
-$916
Cashflow
Cash Flow
$2,678 income − $3,594 expenses = $916 out of pocket
Investment Breakdown
|
Purchase Price
$474k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,456
Downpayment
20%
$94,720
Closing costs
1%
$4,736
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,678
Total Expenses
$3,594
Mortgage P&I
95%
$2,535
Property Taxes
7%
$187
Home Insurance
7%
$175
HOA
0%
$0
Property Management
10%
$268
CapEx
5%
$134
Vacancy
6%
$161
Maintenance
5%
$134
Other
0%
$0