This property looks like a bad Long-Term investment with a projected -17.16% first-year return on $94,962 initial cash invested.
-17.16%
Cash On Cash
3.09%
Cap Rate
0.48
DSCR
$2,178
Rent
-$1,358
Cashflow
Cash Flow
$2,178 income − $3,536 expenses = $1,358 out of pocket
Investment Breakdown
|
Purchase Price
$452k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$94,962
Downpayment
20%
$90,440
Closing costs
1%
$4,522
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,178
Total Expenses
$3,536
Mortgage P&I
111%
$2,415
Property Taxes
18%
$391
Home Insurance
7%
$163
HOA
0%
$0
Property Management
10%
$218
CapEx
5%
$109
Vacancy
6%
$131
Maintenance
5%
$109
Other
0%
$0