This property looks like a bad Long-Term investment with a projected -20.88% first-year return on $95,361 initial cash invested.
-20.88%
Cash On Cash
2.01%
Cap Rate
0.33
DSCR
$1,616
Rent
-$1,659
Cashflow
Cash Flow
$1,616 income − $3,275 expenses = $1,659 out of pocket
Investment Breakdown
|
Purchase Price
$454k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,361
Downpayment
20%
$90,820
Closing costs
1%
$4,541
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,616
Total Expenses
$3,275
Mortgage P&I
145%
$2,338
Property Taxes
22%
$350
Home Insurance
10%
$166
HOA
0%
$0
Property Management
10%
$162
CapEx
5%
$81
Vacancy
6%
$97
Maintenance
5%
$81
Other
0%
$0