This property looks like a bad Long-Term investment with a projected -19.16% first-year return on $99,918 initial cash invested.
-19.16%
Cash On Cash
2.63%
Cap Rate
0.41
DSCR
$2,163
Rent
-$1,595
Cashflow
Cash Flow
$2,163 income − $3,758 expenses = $1,595 out of pocket
Investment Breakdown
|
Purchase Price
$476k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,918
Downpayment
20%
$95,160
Closing costs
1%
$4,758
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,163
Total Expenses
$3,758
Mortgage P&I
117%
$2,528
Property Taxes
23%
$498
Home Insurance
8%
$170
HOA
0%
$0
Property Management
10%
$216
CapEx
5%
$108
Vacancy
6%
$130
Maintenance
5%
$108
Other
0%
$0