This property looks like a bad Long-Term investment with a projected -9.27% first-year return on $99,729 initial cash invested.
-9.27%
Cash On Cash
5.02%
Cap Rate
0.77
DSCR
$3,208
Rent
-$770
Cashflow
Cash Flow
$3,208 income − $3,978 expenses = $770 out of pocket
Investment Breakdown
|
Purchase Price
$475k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,729
Downpayment
20%
$94,980
Closing costs
1%
$4,749
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,208
Total Expenses
$3,978
Mortgage P&I
81%
$2,598
Property Taxes
12%
$381
Home Insurance
5%
$166
HOA
0%
$0
Property Management
10%
$321
CapEx
5%
$160
Vacancy
6%
$192
Maintenance
5%
$160
Other
0%
$0