This property looks like a bad Long-Term investment with a projected -8.87% first-year return on $96,873 initial cash invested.
-8.87%
Cash On Cash
5.05%
Cap Rate
0.78
DSCR
$3,283
Rent
-$716
Cashflow
Cash Flow
$3,283 income − $3,999 expenses = $716 out of pocket
Investment Breakdown
|
Purchase Price
$461k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$96,873
Downpayment
20%
$92,260
Closing costs
1%
$4,613
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,283
Total Expenses
$3,999
Mortgage P&I
76%
$2,492
Property Taxes
15%
$488
Home Insurance
5%
$166
HOA
0%
$0
Property Management
10%
$328
CapEx
5%
$164
Vacancy
6%
$197
Maintenance
5%
$164
Other
0%
$0