This property looks like a bad Long-Term investment with a projected -12.72% first-year return on $95,403 initial cash invested.
-12.72%
Cash On Cash
4.22%
Cap Rate
0.65
DSCR
$2,679
Rent
-$1,011
Cashflow
Cash Flow
$2,679 income − $3,690 expenses = $1,011 out of pocket
Investment Breakdown
|
Purchase Price
$454k
Downpayment
20.0%
Interest Rate
7.2%
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
$2,679
Total Expenses
$3,690
Mortgage P&I
92%
$2,473
Property Taxes
13%
$341
Home Insurance
6%
$159
HOA
1%
$20
Property Management
10%
$268
CapEx
5%
$134
Vacancy
6%
$161
Maintenance
5%
$134
Other
0%
$0