This property looks like a bad Long-Term investment with a projected -20.1% first-year return on $97,923 initial cash invested.
-20.1%
Cash On Cash
2.61%
Cap Rate
0.4
DSCR
$2,362
Rent
-$1,640
Cashflow
Cash Flow
$2,362 income − $4,002 expenses = $1,640 out of pocket
Investment Breakdown
|
Purchase Price
$466k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,923
Downpayment
20%
$93,260
Closing costs
1%
$4,663
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,362
Total Expenses
$4,002
Mortgage P&I
107%
$2,537
Property Taxes
17%
$395
Home Insurance
7%
$166
HOA
12%
$290
Property Management
10%
$236
CapEx
5%
$118
Vacancy
6%
$142
Maintenance
5%
$118
Other
0%
$0