This property looks like a bad Long-Term investment with a projected -14.87% first-year return on $99,750 initial cash invested.
-14.87%
Cash On Cash
3.95%
Cap Rate
0.58
DSCR
$2,509
Rent
-$1,236
Cashflow
Cash Flow
$2,509 income − $3,745 expenses = $1,236 out of pocket
Investment Breakdown
|
Purchase Price
$475k
Downpayment
20.0%
Interest Rate
7.6%
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
$2,509
Total Expenses
$3,745
Mortgage P&I
107%
$2,676
Property Taxes
9%
$231
Home Insurance
7%
$166
HOA
1%
$20
Property Management
10%
$251
CapEx
5%
$125
Vacancy
6%
$151
Maintenance
5%
$125
Other
0%
$0