This property looks like a bad Long-Term investment with a projected -15.65% first-year return on $99,897 initial cash invested.
-15.65%
Cash On Cash
3.7%
Cap Rate
0.56
DSCR
$2,619
Rent
-$1,303
Cashflow
Cash Flow
$2,619 income − $3,922 expenses = $1,303 out of pocket
Investment Breakdown
|
Purchase Price
$476k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,897
Downpayment
20%
$95,140
Closing costs
1%
$4,757
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,619
Total Expenses
$3,922
Mortgage P&I
101%
$2,640
Property Taxes
12%
$302
Home Insurance
6%
$166
HOA
5%
$133
Property Management
10%
$262
CapEx
5%
$131
Vacancy
6%
$157
Maintenance
5%
$131
Other
0%
$0