This property looks like a bad Long-Term investment with a projected -15.84% first-year return on $96,138 initial cash invested.
-15.84%
Cash On Cash
3.44%
Cap Rate
0.54
DSCR
$2,626
Rent
-$1,269
Cashflow
Cash Flow
$2,626 income − $3,895 expenses = $1,269 out of pocket
Investment Breakdown
|
Purchase Price
$458k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$96,138
Downpayment
20%
$91,560
Closing costs
1%
$4,578
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,626
Total Expenses
$3,895
Mortgage P&I
93%
$2,450
Property Taxes
15%
$384
Home Insurance
5%
$143
HOA
9%
$235
Property Management
10%
$263
CapEx
5%
$131
Vacancy
6%
$158
Maintenance
5%
$131
Other
0%
$0