This property looks like a bad Long-Term investment with a projected -19.26% first-year return on $98,490 initial cash invested.
-19.26%
Cash On Cash
2.87%
Cap Rate
0.43
DSCR
$1,626
Rent
-$1,581
Cashflow
Cash Flow
$1,626 income − $3,207 expenses = $1,581 out of pocket
Investment Breakdown
|
Purchase Price
$469k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,490
Downpayment
20%
$93,800
Closing costs
1%
$4,690
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,626
Total Expenses
$3,207
Mortgage P&I
161%
$2,620
Property Taxes
0%
$0
Home Insurance
10%
$164
HOA
0%
$0
Property Management
10%
$163
CapEx
5%
$81
Vacancy
6%
$98
Maintenance
5%
$81
Other
0%
$0