This property looks like a bad Long-Term investment with a projected -17.9% first-year return on $95,382 initial cash invested.
-17.9%
Cash On Cash
3.17%
Cap Rate
0.48
DSCR
$1,959
Rent
-$1,423
Cashflow
Cash Flow
$1,959 income − $3,382 expenses = $1,423 out of pocket
Investment Breakdown
|
Purchase Price
$454k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,382
Downpayment
20%
$90,840
Closing costs
1%
$4,542
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,959
Total Expenses
$3,382
Mortgage P&I
129%
$2,524
Property Taxes
9%
$184
Home Insurance
8%
$164
HOA
0%
$0
Property Management
10%
$196
CapEx
5%
$98
Vacancy
6%
$118
Maintenance
5%
$98
Other
0%
$0