This property looks like a bad Long-Term investment with a projected -7.81% first-year return on $95,382 initial cash invested.
-7.81%
Cash On Cash
5.4%
Cap Rate
0.81
DSCR
$2,981
Rent
-$621
Cashflow
Cash Flow
$2,981 income − $3,602 expenses = $621 out of pocket
Investment Breakdown
|
Purchase Price
$454k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,382
Downpayment
20%
$90,840
Closing costs
1%
$4,542
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,981
Total Expenses
$3,602
Mortgage P&I
84%
$2,515
Property Taxes
6%
$168
Home Insurance
5%
$144
HOA
0%
$0
Property Management
10%
$298
CapEx
5%
$149
Vacancy
6%
$179
Maintenance
5%
$149
Other
0%
$0