This property looks like a bad Long-Term investment with a projected -9.48% first-year return on $99,792 initial cash invested.
-9.48%
Cash On Cash
4.49%
Cap Rate
0.74
DSCR
$3,078
Rent
-$788
Cashflow
Cash Flow
$3,078 income − $3,866 expenses = $788 out of pocket
Investment Breakdown
|
Purchase Price
$475k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,792
Downpayment
20%
$95,040
Closing costs
1%
$4,752
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,078
Total Expenses
$3,866
Mortgage P&I
78%
$2,412
Property Taxes
15%
$470
Home Insurance
5%
$166
HOA
1%
$17
Property Management
10%
$308
CapEx
5%
$154
Vacancy
6%
$185
Maintenance
5%
$154
Other
0%
$0