This property looks like a bad Long-Term investment with a projected -15.44% first-year return on $99,729 initial cash invested.
-15.44%
Cash On Cash
3.66%
Cap Rate
0.55
DSCR
$2,374
Rent
-$1,283
Cashflow
Cash Flow
$2,374 income − $3,657 expenses = $1,283 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
$2,374
Total Expenses
$3,657
Mortgage P&I
110%
$2,613
Property Taxes
10%
$228
Home Insurance
7%
$166
HOA
1%
$33
Property Management
10%
$237
CapEx
5%
$119
Vacancy
6%
$142
Maintenance
5%
$119
Other
0%
$0