This property looks like a bad Long-Term investment with a projected -20.47% first-year return on $89,229 initial cash invested.
-20.47%
Cash On Cash
2.34%
Cap Rate
0.37
DSCR
$1,785
Rent
-$1,522
Cashflow
Cash Flow
$1,785 income − $3,307 expenses = $1,522 out of pocket
Investment Breakdown
|
Purchase Price
$425k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,229
Downpayment
20%
$84,980
Closing costs
1%
$4,249
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,785
Total Expenses
$3,307
Mortgage P&I
127%
$2,261
Property Taxes
24%
$434
Home Insurance
8%
$149
HOA
0%
$0
Property Management
10%
$178
CapEx
5%
$89
Vacancy
6%
$107
Maintenance
5%
$89
Other
0%
$0