This property looks like a bad Long-Term investment with a projected -9.51% first-year return on $97,713 initial cash invested.
-9.51%
Cash On Cash
4.84%
Cap Rate
0.75
DSCR
$3,202
Rent
-$774
Cashflow
Cash Flow
$3,202 income − $3,976 expenses = $774 out of pocket
Investment Breakdown
|
Purchase Price
$465k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,713
Downpayment
20%
$93,060
Closing costs
1%
$4,653
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,202
Total Expenses
$3,976
Mortgage P&I
78%
$2,490
Property Taxes
15%
$491
Home Insurance
5%
$163
HOA
0%
$0
Property Management
10%
$320
CapEx
5%
$160
Vacancy
6%
$192
Maintenance
5%
$160
Other
0%
$0