This property looks like a bad Long-Term investment with a projected -21.43% first-year return on $99,750 initial cash invested.
-21.43%
Cash On Cash
2.28%
Cap Rate
0.35
DSCR
$1,453
Rent
-$1,781
Cashflow
Cash Flow
$1,453 income − $3,234 expenses = $1,781 out of pocket
Investment Breakdown
|
Purchase Price
$475k
Downpayment
20.0%
Interest Rate
7.3%
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
$1,453
Total Expenses
$3,234
Mortgage P&I
180%
$2,612
Property Taxes
5%
$78
Home Insurance
11%
$166
HOA
0%
$0
Property Management
10%
$145
CapEx
5%
$73
Vacancy
6%
$87
Maintenance
5%
$73
Other
0%
$0