This property looks like a bad Long-Term investment with a projected -23.29% first-year return on $99,750 initial cash invested.
-23.29%
Cash On Cash
1.94%
Cap Rate
0.3
DSCR
$2,153
Rent
-$1,936
Cashflow
Cash Flow
$2,153 income − $4,089 expenses = $1,936 out of pocket
Investment Breakdown
|
Purchase Price
$475k
Downpayment
20.0%
Interest Rate
7.3%
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
$2,153
Total Expenses
$4,089
Mortgage P&I
121%
$2,596
Property Taxes
28%
$607
Home Insurance
8%
$166
HOA
7%
$160
Property Management
10%
$215
CapEx
5%
$108
Vacancy
6%
$129
Maintenance
5%
$108
Other
0%
$0