This property looks like a bad Long-Term investment with a projected -9.01% first-year return on $95,760 initial cash invested.
-9.01%
Cash On Cash
4.78%
Cap Rate
0.77
DSCR
$3,468
Rent
-$719
Cashflow
Cash Flow
$3,468 income − $4,187 expenses = $719 out of pocket
Investment Breakdown
|
Purchase Price
$456k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,760
Downpayment
20%
$91,200
Closing costs
1%
$4,560
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,468
Total Expenses
$4,187
Mortgage P&I
68%
$2,362
Property Taxes
22%
$766
Home Insurance
5%
$158
HOA
0%
$0
Property Management
10%
$347
CapEx
5%
$173
Vacancy
6%
$208
Maintenance
5%
$173
Other
0%
$0