This property looks like a bad Long-Term investment with a projected -11.67% first-year return on $99,750 initial cash invested.
-11.67%
Cash On Cash
4.34%
Cap Rate
0.68
DSCR
$3,288
Rent
-$970
Cashflow
Cash Flow
$3,288 income − $4,258 expenses = $970 out of pocket
Investment Breakdown
|
Purchase Price
$475k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,750
Downpayment
20%
$95,000
Closing costs
1%
$4,750
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,288
Total Expenses
$4,258
Mortgage P&I
77%
$2,522
Property Taxes
22%
$716
Home Insurance
5%
$166
HOA
0%
$0
Property Management
10%
$329
CapEx
5%
$164
Vacancy
6%
$197
Maintenance
5%
$164
Other
0%
$0