This property looks like a bad Long-Term investment with a projected -13.38% first-year return on $97,650 initial cash invested.
-13.38%
Cash On Cash
3.81%
Cap Rate
0.61
DSCR
$2,807
Rent
-$1,089
Cashflow
Cash Flow
$2,807 income − $3,896 expenses = $1,089 out of pocket
Investment Breakdown
|
Purchase Price
$465k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,650
Downpayment
20%
$93,000
Closing costs
1%
$4,650
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,807
Total Expenses
$3,896
Mortgage P&I
86%
$2,425
Property Taxes
21%
$579
Home Insurance
6%
$163
HOA
0%
$0
Property Management
10%
$281
CapEx
5%
$140
Vacancy
6%
$168
Maintenance
5%
$140
Other
0%
$0