This property looks like a bad Long-Term investment with a projected -11.92% first-year return on $99,036 initial cash invested.
-11.92%
Cash On Cash
4.51%
Cap Rate
0.68
DSCR
$3,088
Rent
-$984
Cashflow
Cash Flow
$3,088 income − $4,072 expenses = $984 out of pocket
Investment Breakdown
|
Purchase Price
$472k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,036
Downpayment
20%
$94,320
Closing costs
1%
$4,716
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,088
Total Expenses
$4,072
Mortgage P&I
84%
$2,603
Property Taxes
15%
$476
Home Insurance
6%
$170
HOA
1%
$21
Property Management
10%
$309
CapEx
5%
$154
Vacancy
6%
$185
Maintenance
5%
$154
Other
0%
$0