This property looks like a bad Long-Term investment with a projected -13.82% first-year return on $99,750 initial cash invested.
-13.82%
Cash On Cash
3.59%
Cap Rate
0.58
DSCR
$2,045
Rent
-$1,149
Cashflow
Cash Flow
$2,045 income − $3,194 expenses = $1,149 out of pocket
Investment Breakdown
|
Purchase Price
$475k
Downpayment
20.0%
Interest Rate
6.8%
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
$2,045
Total Expenses
$3,194
Mortgage P&I
121%
$2,467
Property Taxes
1%
$30
Home Insurance
8%
$166
HOA
0%
$0
Property Management
10%
$204
CapEx
5%
$102
Vacancy
6%
$123
Maintenance
5%
$102
Other
0%
$0