This property looks like a bad Long-Term investment with a projected -15.7% first-year return on $95,403 initial cash invested.
-15.7%
Cash On Cash
3.62%
Cap Rate
0.55
DSCR
$2,343
Rent
-$1,248
Cashflow
Cash Flow
$2,343 income − $3,591 expenses = $1,248 out of pocket
Investment Breakdown
|
Purchase Price
$454k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,403
Downpayment
20%
$90,860
Closing costs
1%
$4,543
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,343
Total Expenses
$3,591
Mortgage P&I
107%
$2,500
Property Taxes
8%
$188
Home Insurance
13%
$294
HOA
0%
$0
Property Management
10%
$234
CapEx
5%
$117
Vacancy
6%
$141
Maintenance
5%
$117
Other
0%
$0