This property looks like a bad Long-Term investment with a projected -18.36% first-year return on $95,550 initial cash invested.
-18.36%
Cash On Cash
2.79%
Cap Rate
0.44
DSCR
$1,954
Rent
-$1,462
Cashflow
Cash Flow
$1,954 income − $3,416 expenses = $1,462 out of pocket
Investment Breakdown
|
Purchase Price
$455k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,550
Downpayment
20%
$91,000
Closing costs
1%
$4,550
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,954
Total Expenses
$3,416
Mortgage P&I
124%
$2,421
Property Taxes
17%
$328
Home Insurance
8%
$159
HOA
0%
$0
Property Management
10%
$195
CapEx
5%
$98
Vacancy
6%
$117
Maintenance
5%
$98
Other
0%
$0