This property looks like a bad Long-Term investment with a projected -16.16% first-year return on $95,130 initial cash invested.
-16.16%
Cash On Cash
3.43%
Cap Rate
0.52
DSCR
$1,975
Rent
-$1,281
Cashflow
Cash Flow
$1,975 income − $3,256 expenses = $1,281 out of pocket
Investment Breakdown
|
Purchase Price
$453k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,130
Downpayment
20%
$90,600
Closing costs
1%
$4,530
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,975
Total Expenses
$3,256
Mortgage P&I
125%
$2,476
Property Taxes
5%
$100
Home Insurance
8%
$166
HOA
0%
$0
Property Management
10%
$198
CapEx
5%
$99
Vacancy
6%
$118
Maintenance
5%
$99
Other
0%
$0