This property looks like a bad Long-Term investment with a projected -12.47% first-year return on $97,650 initial cash invested.
-12.47%
Cash On Cash
4.33%
Cap Rate
0.66
DSCR
$3,111
Rent
-$1,015
Cashflow
Cash Flow
$3,111 income − $4,126 expenses = $1,015 out of pocket
Investment Breakdown
|
Purchase Price
$465k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,650
Downpayment
20%
$93,000
Closing costs
1%
$4,650
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,111
Total Expenses
$4,126
Mortgage P&I
82%
$2,537
Property Taxes
15%
$461
Home Insurance
5%
$163
HOA
5%
$155
Property Management
10%
$311
CapEx
5%
$156
Vacancy
6%
$187
Maintenance
5%
$156
Other
0%
$0