This property looks like a bad Long-Term investment with a projected -12.68% first-year return on $99,288 initial cash invested.
-12.68%
Cash On Cash
4.18%
Cap Rate
0.64
DSCR
$2,819
Rent
-$1,049
Cashflow
Cash Flow
$2,819 income − $3,868 expenses = $1,049 out of pocket
Investment Breakdown
|
Purchase Price
$473k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,288
Downpayment
20%
$94,560
Closing costs
1%
$4,728
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,819
Total Expenses
$3,868
Mortgage P&I
91%
$2,554
Property Taxes
13%
$369
Home Insurance
6%
$172
HOA
1%
$40
Property Management
10%
$282
CapEx
5%
$141
Vacancy
6%
$169
Maintenance
5%
$141
Other
0%
$0