This property looks like a bad Long-Term investment with a projected -9.58% first-year return on $94,416 initial cash invested.
-9.58%
Cash On Cash
5.17%
Cap Rate
0.77
DSCR
$3,526
Rent
-$754
Cashflow
Cash Flow
$3,526 income − $4,280 expenses = $754 out of pocket
Investment Breakdown
|
Purchase Price
$450k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$94,416
Downpayment
20%
$89,920
Closing costs
1%
$4,496
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,526
Total Expenses
$4,280
Mortgage P&I
71%
$2,515
Property Taxes
19%
$687
Home Insurance
5%
$161
HOA
0%
$0
Property Management
10%
$353
CapEx
5%
$176
Vacancy
6%
$212
Maintenance
5%
$176
Other
0%
$0