This property looks like a bad Long-Term investment with a projected -19.61% first-year return on $94,479 initial cash invested.
-19.61%
Cash On Cash
2.73%
Cap Rate
0.41
DSCR
$1,694
Rent
-$1,544
Cashflow
Cash Flow
$1,694 income − $3,238 expenses = $1,544 out of pocket
Investment Breakdown
|
Purchase Price
$450k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$94,479
Downpayment
20%
$89,980
Closing costs
1%
$4,499
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,694
Total Expenses
$3,238
Mortgage P&I
147%
$2,483
Property Taxes
9%
$156
Home Insurance
9%
$158
HOA
0%
$0
Property Management
10%
$169
CapEx
5%
$85
Vacancy
6%
$102
Maintenance
5%
$85
Other
0%
$0