This property looks like a bad Long-Term investment with a projected -9.84% first-year return on $95,319 initial cash invested.
-9.84%
Cash On Cash
4.89%
Cap Rate
0.76
DSCR
$3,694
Rent
-$782
Cashflow
Cash Flow
$3,694 income − $4,476 expenses = $782 out of pocket
Investment Breakdown
|
Purchase Price
$454k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,319
Downpayment
20%
$90,780
Closing costs
1%
$4,539
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,694
Total Expenses
$4,476
Mortgage P&I
66%
$2,446
Property Taxes
25%
$910
Home Insurance
4%
$159
HOA
0%
$0
Property Management
10%
$369
CapEx
5%
$185
Vacancy
6%
$222
Maintenance
5%
$185
Other
0%
$0