This property looks like a bad Long-Term investment with a projected -20.2% first-year return on $99,015 initial cash invested.
-20.2%
Cash On Cash
2.72%
Cap Rate
0.41
DSCR
$2,116
Rent
-$1,667
Cashflow
Cash Flow
$2,116 income − $3,783 expenses = $1,667 out of pocket
Investment Breakdown
|
Purchase Price
$472k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,015
Downpayment
20%
$94,300
Closing costs
1%
$4,715
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,116
Total Expenses
$3,783
Mortgage P&I
124%
$2,629
Property Taxes
14%
$297
Home Insurance
8%
$166
HOA
7%
$140
Property Management
10%
$212
CapEx
5%
$106
Vacancy
6%
$127
Maintenance
5%
$106
Other
0%
$0