This property looks like a bad Long-Term investment with a projected -15.03% first-year return on $99,750 initial cash invested.
-15.03%
Cash On Cash
3.72%
Cap Rate
0.57
DSCR
$2,503
Rent
-$1,249
Cashflow
Cash Flow
$2,503 income − $3,752 expenses = $1,249 out of pocket
Investment Breakdown
|
Purchase Price
$475k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,750
Downpayment
20%
$95,000
Closing costs
1%
$4,750
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,503
Total Expenses
$3,752
Mortgage P&I
104%
$2,598
Property Taxes
14%
$338
Home Insurance
7%
$166
HOA
0%
$0
Property Management
10%
$250
CapEx
5%
$125
Vacancy
6%
$150
Maintenance
5%
$125
Other
0%
$0