This property looks like a bad Long-Term investment with a projected -20.12% first-year return on $98,280 initial cash invested.
-20.12%
Cash On Cash
2.45%
Cap Rate
0.38
DSCR
$1,540
Rent
-$1,648
Cashflow
Cash Flow
$1,540 income − $3,188 expenses = $1,648 out of pocket
Investment Breakdown
|
Purchase Price
$468k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,280
Downpayment
20%
$93,600
Closing costs
1%
$4,680
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,540
Total Expenses
$3,188
Mortgage P&I
164%
$2,528
Property Taxes
6%
$96
Home Insurance
11%
$164
HOA
0%
$0
Property Management
10%
$154
CapEx
5%
$77
Vacancy
6%
$92
Maintenance
5%
$77
Other
0%
$0