This property looks like a bad Long-Term investment with a projected -21.66% first-year return on $93,450 initial cash invested.
-21.66%
Cash On Cash
1.91%
Cap Rate
0.31
DSCR
$1,440
Rent
-$1,687
Cashflow
Cash Flow
$1,440 income − $3,127 expenses = $1,687 out of pocket
Investment Breakdown
|
Purchase Price
$445k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$93,450
Downpayment
20%
$89,000
Closing costs
1%
$4,450
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,440
Total Expenses
$3,127
Mortgage P&I
161%
$2,324
Property Taxes
19%
$273
Home Insurance
11%
$156
HOA
0%
$0
Property Management
10%
$144
CapEx
5%
$72
Vacancy
6%
$86
Maintenance
5%
$72
Other
0%
$0