This property looks like a bad Long-Term investment with a projected -13.79% first-year return on $99,141 initial cash invested.
-13.79%
Cash On Cash
3.97%
Cap Rate
0.61
DSCR
$2,693
Rent
-$1,139
Cashflow
Cash Flow
$2,693 income − $3,832 expenses = $1,139 out of pocket
Investment Breakdown
|
Purchase Price
$472k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,141
Downpayment
20%
$94,420
Closing costs
1%
$4,721
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,693
Total Expenses
$3,832
Mortgage P&I
95%
$2,565
Property Taxes
13%
$350
Home Insurance
6%
$166
HOA
2%
$50
Property Management
10%
$269
CapEx
5%
$135
Vacancy
6%
$162
Maintenance
5%
$135
Other
0%
$0