This property looks like a bad Long-Term investment with a projected -13.72% first-year return on $94,290 initial cash invested.
-13.72%
Cash On Cash
3.89%
Cap Rate
0.6
DSCR
$2,395
Rent
-$1,078
Cashflow
Cash Flow
$2,395 income − $3,473 expenses = $1,078 out of pocket
Investment Breakdown
|
Purchase Price
$449k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$94,290
Downpayment
20%
$89,800
Closing costs
1%
$4,490
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,395
Total Expenses
$3,473
Mortgage P&I
101%
$2,412
Property Taxes
10%
$250
Home Insurance
8%
$187
HOA
0%
$0
Property Management
10%
$240
CapEx
5%
$120
Vacancy
6%
$144
Maintenance
5%
$120
Other
0%
$0