This property looks like a bad Long-Term investment with a projected -14.58% first-year return on $99,372 initial cash invested.
-14.58%
Cash On Cash
3.75%
Cap Rate
0.58
DSCR
$2,673
Rent
-$1,207
Cashflow
Cash Flow
$2,673 income − $3,880 expenses = $1,207 out of pocket
Investment Breakdown
|
Purchase Price
$473k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,372
Downpayment
20%
$94,640
Closing costs
1%
$4,732
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,673
Total Expenses
$3,880
Mortgage P&I
95%
$2,550
Property Taxes
17%
$467
Home Insurance
6%
$168
HOA
0%
$0
Property Management
10%
$267
CapEx
5%
$134
Vacancy
6%
$160
Maintenance
5%
$134
Other
0%
$0