This property looks like a bad Long-Term investment with a projected -19.45% first-year return on $99,204 initial cash invested.
-19.45%
Cash On Cash
2.36%
Cap Rate
0.39
DSCR
$2,514
Rent
-$1,608
Cashflow
Cash Flow
$2,514 income − $4,122 expenses = $1,608 out of pocket
Investment Breakdown
|
Purchase Price
$472k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,204
Downpayment
20%
$94,480
Closing costs
1%
$4,724
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,514
Total Expenses
$4,122
Mortgage P&I
96%
$2,412
Property Taxes
35%
$883
Home Insurance
7%
$173
HOA
0%
$0
Property Management
10%
$251
CapEx
5%
$126
Vacancy
6%
$151
Maintenance
5%
$126
Other
0%
$0