This property looks like a bad Long-Term investment with a projected -11.72% first-year return on $99,141 initial cash invested.
-11.72%
Cash On Cash
4.13%
Cap Rate
0.66
DSCR
$2,665
Rent
-$968
Cashflow
Cash Flow
$2,665 income − $3,633 expenses = $968 out of pocket
Investment Breakdown
|
Purchase Price
$472k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,141
Downpayment
20%
$94,420
Closing costs
1%
$4,721
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,665
Total Expenses
$3,633
Mortgage P&I
92%
$2,460
Property Taxes
12%
$315
Home Insurance
6%
$166
HOA
0%
$0
Property Management
10%
$266
CapEx
5%
$133
Vacancy
6%
$160
Maintenance
5%
$133
Other
0%
$0