This property looks like a bad Long-Term investment with a projected -7.94% first-year return on $97,902 initial cash invested.
-7.94%
Cash On Cash
4.97%
Cap Rate
0.8
DSCR
$3,191
Rent
-$648
Cashflow
Cash Flow
$3,191 income − $3,839 expenses = $648 out of pocket
Investment Breakdown
|
Purchase Price
$466k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,902
Downpayment
20%
$93,240
Closing costs
1%
$4,662
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,191
Total Expenses
$3,839
Mortgage P&I
76%
$2,419
Property Taxes
13%
$426
Home Insurance
5%
$164
HOA
0%
$0
Property Management
10%
$319
CapEx
5%
$160
Vacancy
6%
$191
Maintenance
5%
$160
Other
0%
$0