This property looks like a bad Long-Term investment with a projected -13.06% first-year return on $98,490 initial cash invested.
-13.06%
Cash On Cash
4.16%
Cap Rate
0.64
DSCR
$3,249
Rent
-$1,072
Cashflow
Cash Flow
$3,249 income − $4,321 expenses = $1,072 out of pocket
Investment Breakdown
|
Purchase Price
$469k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,490
Downpayment
20%
$93,800
Closing costs
1%
$4,690
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,249
Total Expenses
$4,321
Mortgage P&I
78%
$2,534
Property Taxes
24%
$779
Home Insurance
5%
$164
HOA
0%
$0
Property Management
10%
$325
CapEx
5%
$162
Vacancy
6%
$195
Maintenance
5%
$162
Other
0%
$0