This property looks like a bad Long-Term investment with a projected -14.13% first-year return on $96,159 initial cash invested.
-14.13%
Cash On Cash
3.75%
Cap Rate
0.58
DSCR
$2,276
Rent
-$1,132
Cashflow
Cash Flow
$2,276 income − $3,408 expenses = $1,132 out of pocket
Investment Breakdown
|
Purchase Price
$458k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$96,159
Downpayment
20%
$91,580
Closing costs
1%
$4,579
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,276
Total Expenses
$3,408
Mortgage P&I
108%
$2,450
Property Taxes
9%
$211
Home Insurance
7%
$154
HOA
0%
$0
Property Management
10%
$228
CapEx
5%
$114
Vacancy
6%
$137
Maintenance
5%
$114
Other
0%
$0