This property looks like a bad Long-Term investment with a projected -13.33% first-year return on $95,487 initial cash invested.
-13.33%
Cash On Cash
4.1%
Cap Rate
0.63
DSCR
$2,961
Rent
-$1,061
Cashflow
Cash Flow
$2,961 income − $4,022 expenses = $1,061 out of pocket
Investment Breakdown
|
Purchase Price
$455k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,487
Downpayment
20%
$90,940
Closing costs
1%
$4,547
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,961
Total Expenses
$4,022
Mortgage P&I
83%
$2,466
Property Taxes
21%
$620
Home Insurance
5%
$161
HOA
0%
$5
Property Management
10%
$296
CapEx
5%
$148
Vacancy
6%
$178
Maintenance
5%
$148
Other
0%
$0