This property looks like a bad Long-Term investment with a projected -13.91% first-year return on $96,138 initial cash invested.
-13.91%
Cash On Cash
4.12%
Cap Rate
0.62
DSCR
$2,878
Rent
-$1,114
Cashflow
Cash Flow
$2,878 income − $3,992 expenses = $1,114 out of pocket
Investment Breakdown
|
Purchase Price
$458k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$96,138
Downpayment
20%
$91,560
Closing costs
1%
$4,578
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,878
Total Expenses
$3,992
Mortgage P&I
88%
$2,541
Property Taxes
19%
$541
Home Insurance
6%
$161
HOA
0%
$0
Property Management
10%
$288
CapEx
5%
$144
Vacancy
6%
$173
Maintenance
5%
$144
Other
0%
$0