This property looks like a bad Long-Term investment with a projected -11% first-year return on $95,361 initial cash invested.
-11%
Cash On Cash
4.21%
Cap Rate
0.68
DSCR
$2,546
Rent
-$874
Cashflow
Cash Flow
$2,546 income − $3,420 expenses = $874 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
$2,546
Total Expenses
$3,420
Mortgage P&I
92%
$2,341
Property Taxes
10%
$260
Home Insurance
6%
$157
HOA
0%
$0
Property Management
10%
$255
CapEx
5%
$127
Vacancy
6%
$153
Maintenance
5%
$127
Other
0%
$0