This property looks like a bad Long-Term investment with a projected -15.82% first-year return on $99,246 initial cash invested.
-15.82%
Cash On Cash
3.61%
Cap Rate
0.55
DSCR
$2,837
Rent
-$1,308
Cashflow
Cash Flow
$2,837 income − $4,145 expenses = $1,308 out of pocket
Investment Breakdown
|
Purchase Price
$473k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,246
Downpayment
20%
$94,520
Closing costs
1%
$4,726
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,837
Total Expenses
$4,145
Mortgage P&I
91%
$2,589
Property Taxes
19%
$537
Home Insurance
6%
$166
HOA
4%
$115
Property Management
10%
$284
CapEx
5%
$142
Vacancy
6%
$170
Maintenance
5%
$142
Other
0%
$0