This property looks like a bad Long-Term investment with a projected -12.53% first-year return on $94,143 initial cash invested.
-12.53%
Cash On Cash
3.94%
Cap Rate
0.63
DSCR
$2,313
Rent
-$983
Cashflow
Cash Flow
$2,313 income − $3,296 expenses = $983 out of pocket
Investment Breakdown
|
Purchase Price
$448k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$94,143
Downpayment
20%
$89,660
Closing costs
1%
$4,483
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,313
Total Expenses
$3,296
Mortgage P&I
101%
$2,338
Property Taxes
9%
$197
Home Insurance
7%
$159
HOA
0%
$0
Property Management
10%
$231
CapEx
5%
$116
Vacancy
6%
$139
Maintenance
5%
$116
Other
0%
$0