This property looks like a bad Long-Term investment with a projected -12.9% first-year return on $95,970 initial cash invested.
-12.9%
Cash On Cash
4.2%
Cap Rate
0.64
DSCR
$2,525
Rent
-$1,032
Cashflow
Cash Flow
$2,525 income − $3,557 expenses = $1,032 out of pocket
Investment Breakdown
|
Purchase Price
$457k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,970
Downpayment
20%
$91,400
Closing costs
1%
$4,570
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,525
Total Expenses
$3,557
Mortgage P&I
99%
$2,505
Property Taxes
9%
$232
Home Insurance
7%
$164
HOA
0%
$0
Property Management
10%
$252
CapEx
5%
$126
Vacancy
6%
$152
Maintenance
5%
$126
Other
0%
$0