This property looks like a bad Long-Term investment with a projected -22.61% first-year return on $99,204 initial cash invested.
-22.61%
Cash On Cash
2.09%
Cap Rate
0.32
DSCR
$2,067
Rent
-$1,869
Cashflow
Cash Flow
$2,067 income − $3,936 expenses = $1,869 out of pocket
Investment Breakdown
|
Purchase Price
$472k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,204
Downpayment
20%
$94,480
Closing costs
1%
$4,724
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,067
Total Expenses
$3,936
Mortgage P&I
125%
$2,588
Property Taxes
31%
$636
Home Insurance
8%
$175
HOA
0%
$0
Property Management
10%
$207
CapEx
5%
$103
Vacancy
6%
$124
Maintenance
5%
$103
Other
0%
$0