This property looks like a bad Long-Term investment with a projected -11.24% first-year return on $97,776 initial cash invested.
-11.24%
Cash On Cash
4.57%
Cap Rate
0.7
DSCR
$3,201
Rent
-$916
Cashflow
Cash Flow
$3,201 income − $4,117 expenses = $916 out of pocket
Investment Breakdown
|
Purchase Price
$466k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,776
Downpayment
20%
$93,120
Closing costs
1%
$4,656
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,201
Total Expenses
$4,117
Mortgage P&I
79%
$2,528
Property Taxes
20%
$647
Home Insurance
3%
$110
HOA
0%
$0
Property Management
10%
$320
CapEx
5%
$160
Vacancy
6%
$192
Maintenance
5%
$160
Other
0%
$0