This property looks like a bad Long-Term investment with a projected -2.08% first-year return on $95,004 initial cash invested.
-2.08%
Cash On Cash
6.47%
Cap Rate
1
DSCR
$3,330
Rent
-$165
Cashflow
Cash Flow
$3,330 income − $3,495 expenses = $165 out of pocket
Investment Breakdown
|
Purchase Price
$452k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,004
Downpayment
20%
$90,480
Closing costs
1%
$4,524
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,330
Total Expenses
$3,495
Mortgage P&I
73%
$2,438
Property Taxes
1%
$43
Home Insurance
4%
$149
HOA
0%
$0
Property Management
10%
$333
CapEx
5%
$166
Vacancy
6%
$200
Maintenance
5%
$166
Other
0%
$0