This property looks like a bad Long-Term investment with a projected -12.86% first-year return on $95,571 initial cash invested.
-12.86%
Cash On Cash
4.13%
Cap Rate
0.63
DSCR
$2,378
Rent
-$1,024
Cashflow
Cash Flow
$2,378 income − $3,402 expenses = $1,024 out of pocket
Investment Breakdown
|
Purchase Price
$455k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,571
Downpayment
20%
$91,020
Closing costs
1%
$4,551
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,378
Total Expenses
$3,402
Mortgage P&I
104%
$2,473
Property Taxes
6%
$144
Home Insurance
7%
$166
HOA
0%
$0
Property Management
10%
$238
CapEx
5%
$119
Vacancy
6%
$143
Maintenance
5%
$119
Other
0%
$0