This property looks like a bad Long-Term investment with a projected -14.74% first-year return on $89,250 initial cash invested.
-14.74%
Cash On Cash
3.3%
Cap Rate
0.54
DSCR
$1,957
Rent
-$1,096
Cashflow
Cash Flow
$1,957 income − $3,053 expenses = $1,096 out of pocket
Investment Breakdown
|
Purchase Price
$425k
Downpayment
20.0%
Interest Rate
6.6%
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
$1,957
Total Expenses
$3,053
Mortgage P&I
111%
$2,165
Property Taxes
7%
$145
Home Insurance
8%
$149
HOA
4%
$85
Property Management
10%
$196
CapEx
5%
$98
Vacancy
6%
$117
Maintenance
5%
$98
Other
0%
$0