This property looks like a bad Long-Term investment with a projected -9.18% first-year return on $89,250 initial cash invested.
-9.18%
Cash On Cash
4.83%
Cap Rate
0.76
DSCR
$2,774
Rent
-$683
Cashflow
Cash Flow
$2,774 income − $3,457 expenses = $683 out of pocket
Investment Breakdown
|
Purchase Price
$425k
Downpayment
20.0%
Interest Rate
7.0%
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
$2,774
Total Expenses
$3,457
Mortgage P&I
81%
$2,254
Property Taxes
5%
$146
Home Insurance
5%
$149
HOA
7%
$187
Property Management
10%
$277
CapEx
5%
$139
Vacancy
6%
$166
Maintenance
5%
$139
Other
0%
$0