This property looks like a bad Long-Term investment with a projected -8.73% first-year return on $95,823 initial cash invested.
-8.73%
Cash On Cash
4.99%
Cap Rate
0.78
DSCR
$3,347
Rent
-$697
Cashflow
Cash Flow
$3,347 income − $4,044 expenses = $697 out of pocket
Investment Breakdown
|
Purchase Price
$456k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,823
Downpayment
20%
$91,260
Closing costs
1%
$4,563
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,347
Total Expenses
$4,044
Mortgage P&I
73%
$2,428
Property Taxes
17%
$558
Home Insurance
6%
$184
HOA
0%
$4
Property Management
10%
$335
CapEx
5%
$167
Vacancy
6%
$201
Maintenance
5%
$167
Other
0%
$0