This property looks like a bad Long-Term investment with a projected -17.87% first-year return on $99,204 initial cash invested.
-17.87%
Cash On Cash
3.08%
Cap Rate
0.47
DSCR
$2,142
Rent
-$1,477
Cashflow
Cash Flow
$2,142 income − $3,619 expenses = $1,477 out of pocket
Investment Breakdown
|
Purchase Price
$472k
Downpayment
20.0%
Interest Rate
7.3%
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
$2,142
Total Expenses
$3,619
Mortgage P&I
120%
$2,581
Property Taxes
14%
$304
Home Insurance
8%
$177
HOA
0%
$0
Property Management
10%
$214
CapEx
5%
$107
Vacancy
6%
$129
Maintenance
5%
$107
Other
0%
$0