This property looks like a bad Long-Term investment with a projected -17.77% first-year return on $97,587 initial cash invested.
-17.77%
Cash On Cash
2.87%
Cap Rate
0.45
DSCR
$1,809
Rent
-$1,445
Cashflow
Cash Flow
$1,809 income − $3,254 expenses = $1,445 out of pocket
Investment Breakdown
|
Purchase Price
$465k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,587
Downpayment
20%
$92,940
Closing costs
1%
$4,647
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,809
Total Expenses
$3,254
Mortgage P&I
136%
$2,468
Property Taxes
8%
$148
Home Insurance
9%
$168
HOA
0%
$0
Property Management
10%
$181
CapEx
5%
$90
Vacancy
6%
$109
Maintenance
5%
$90
Other
0%
$0