This property looks like a bad Long-Term investment with a projected -12.31% first-year return on $96,327 initial cash invested.
-12.31%
Cash On Cash
3.84%
Cap Rate
0.63
DSCR
$2,616
Rent
-$988
Cashflow
Cash Flow
$2,616 income − $3,604 expenses = $988 out of pocket
Investment Breakdown
|
Purchase Price
$459k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$96,327
Downpayment
20%
$91,740
Closing costs
1%
$4,587
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,616
Total Expenses
$3,604
Mortgage P&I
89%
$2,326
Property Taxes
16%
$430
Home Insurance
6%
$150
HOA
1%
$17
Property Management
10%
$262
CapEx
5%
$131
Vacancy
6%
$157
Maintenance
5%
$131
Other
0%
$0