This property looks like a bad Long-Term investment with a projected -20.39% first-year return on $89,355 initial cash invested.
-20.39%
Cash On Cash
2.6%
Cap Rate
0.39
DSCR
$1,533
Rent
-$1,518
Cashflow
Cash Flow
$1,533 income − $3,051 expenses = $1,518 out of pocket
Investment Breakdown
|
Purchase Price
$426k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,355
Downpayment
20%
$85,100
Closing costs
1%
$4,255
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,533
Total Expenses
$3,051
Mortgage P&I
154%
$2,364
Property Taxes
8%
$130
Home Insurance
10%
$158
HOA
0%
$0
Property Management
10%
$153
CapEx
5%
$77
Vacancy
6%
$92
Maintenance
5%
$77
Other
0%
$0