This property looks like a bad Long-Term investment with a projected -19.69% first-year return on $97,461 initial cash invested.
-19.69%
Cash On Cash
2.76%
Cap Rate
0.42
DSCR
$2,587
Rent
-$1,599
Cashflow
Cash Flow
$2,587 income − $4,186 expenses = $1,599 out of pocket
Investment Breakdown
|
Purchase Price
$464k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,461
Downpayment
20%
$92,820
Closing costs
1%
$4,641
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,587
Total Expenses
$4,186
Mortgage P&I
98%
$2,537
Property Taxes
21%
$548
Home Insurance
6%
$164
HOA
10%
$265
Property Management
10%
$259
CapEx
5%
$129
Vacancy
6%
$155
Maintenance
5%
$129
Other
0%
$0