This property looks like a bad Long-Term investment with a projected -18.57% first-year return on $98,952 initial cash invested.
-18.57%
Cash On Cash
2.43%
Cap Rate
0.4
DSCR
$1,740
Rent
-$1,531
Cashflow
Cash Flow
$1,740 income − $3,271 expenses = $1,531 out of pocket
Investment Breakdown
|
Purchase Price
$471k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,952
Downpayment
20%
$94,240
Closing costs
1%
$4,712
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,740
Total Expenses
$3,271
Mortgage P&I
138%
$2,397
Property Taxes
14%
$249
Home Insurance
10%
$173
HOA
0%
$0
Property Management
10%
$174
CapEx
5%
$87
Vacancy
6%
$104
Maintenance
5%
$87
Other
0%
$0