This property looks like a bad Long-Term investment with a projected -17.89% first-year return on $94,500 initial cash invested.
-17.89%
Cash On Cash
2.77%
Cap Rate
0.44
DSCR
$1,716
Rent
-$1,409
Cashflow
Cash Flow
$1,716 income − $3,125 expenses = $1,409 out of pocket
Investment Breakdown
|
Purchase Price
$450k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$94,500
Downpayment
20%
$90,000
Closing costs
1%
$4,500
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,716
Total Expenses
$3,125
Mortgage P&I
138%
$2,363
Property Taxes
9%
$157
Home Insurance
9%
$158
HOA
0%
$0
Property Management
10%
$172
CapEx
5%
$86
Vacancy
6%
$103
Maintenance
5%
$86
Other
0%
$0