This property looks like a bad Long-Term investment with a projected -15.19% first-year return on $94,815 initial cash invested.
-15.19%
Cash On Cash
3.24%
Cap Rate
0.53
DSCR
$2,043
Rent
-$1,200
Cashflow
Cash Flow
$2,043 income − $3,243 expenses = $1,200 out of pocket
Investment Breakdown
|
Purchase Price
$452k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$94,815
Downpayment
20%
$90,300
Closing costs
1%
$4,515
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,043
Total Expenses
$3,243
Mortgage P&I
113%
$2,318
Property Taxes
7%
$139
Home Insurance
8%
$165
HOA
4%
$90
Property Management
10%
$204
CapEx
5%
$102
Vacancy
6%
$123
Maintenance
5%
$102
Other
0%
$0