This property looks like a bad Long-Term investment with a projected -23.54% first-year return on $89,250 initial cash invested.
-23.54%
Cash On Cash
2.02%
Cap Rate
0.3
DSCR
$1,516
Rent
-$1,751
Cashflow
Cash Flow
$1,516 income − $3,267 expenses = $1,751 out of pocket
Investment Breakdown
|
Purchase Price
$425k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,250
Downpayment
20%
$85,000
Closing costs
1%
$4,250
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,516
Total Expenses
$3,267
Mortgage P&I
158%
$2,390
Property Taxes
22%
$333
Home Insurance
10%
$149
HOA
0%
$0
Property Management
10%
$152
CapEx
5%
$76
Vacancy
6%
$91
Maintenance
5%
$76
Other
0%
$0