This property looks like a bad Long-Term investment with a projected -13.49% first-year return on $97,797 initial cash invested.
-13.49%
Cash On Cash
4.07%
Cap Rate
0.62
DSCR
$2,639
Rent
-$1,099
Cashflow
Cash Flow
$2,639 income − $3,738 expenses = $1,099 out of pocket
Investment Breakdown
|
Purchase Price
$466k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,797
Downpayment
20%
$93,140
Closing costs
1%
$4,657
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,639
Total Expenses
$3,738
Mortgage P&I
97%
$2,548
Property Taxes
13%
$345
Home Insurance
6%
$159
HOA
0%
$0
Property Management
10%
$264
CapEx
5%
$132
Vacancy
6%
$158
Maintenance
5%
$132
Other
0%
$0