This property looks like a bad Long-Term investment with a projected -8.95% first-year return on $99,204 initial cash invested.
-8.95%
Cash On Cash
5.13%
Cap Rate
0.78
DSCR
$3,132
Rent
-$740
Cashflow
Cash Flow
$3,132 income − $3,872 expenses = $740 out of pocket
Investment Breakdown
|
Purchase Price
$472k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,204
Downpayment
20%
$94,480
Closing costs
1%
$4,724
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,132
Total Expenses
$3,872
Mortgage P&I
83%
$2,603
Property Taxes
6%
$196
Home Insurance
5%
$166
HOA
3%
$92
Property Management
10%
$313
CapEx
5%
$157
Vacancy
6%
$188
Maintenance
5%
$157
Other
0%
$0