This property looks like a bad Long-Term investment with a projected -11.09% first-year return on $99,750 initial cash invested.
-11.09%
Cash On Cash
4.22%
Cap Rate
0.69
DSCR
$3,173
Rent
-$922
Cashflow
Cash Flow
$3,173 income − $4,095 expenses = $922 out of pocket
Investment Breakdown
|
Purchase Price
$475k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,750
Downpayment
20%
$95,000
Closing costs
1%
$4,750
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,173
Total Expenses
$4,095
Mortgage P&I
77%
$2,432
Property Taxes
20%
$630
Home Insurance
5%
$166
HOA
1%
$42
Property Management
10%
$317
CapEx
5%
$159
Vacancy
6%
$190
Maintenance
5%
$159
Other
0%
$0