This property looks like a bad Long-Term investment with a projected -17.44% first-year return on $97,755 initial cash invested.
-17.44%
Cash On Cash
3.11%
Cap Rate
0.48
DSCR
$1,848
Rent
-$1,421
Cashflow
Cash Flow
$1,848 income − $3,269 expenses = $1,421 out of pocket
Investment Breakdown
|
Purchase Price
$466k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,755
Downpayment
20%
$93,100
Closing costs
1%
$4,655
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,848
Total Expenses
$3,269
Mortgage P&I
137%
$2,535
Property Taxes
4%
$81
Home Insurance
9%
$173
HOA
0%
$0
Property Management
10%
$185
CapEx
5%
$92
Vacancy
6%
$111
Maintenance
5%
$92
Other
0%
$0