This property looks like a bad Long-Term investment with a projected -18.09% first-year return on $96,390 initial cash invested.
-18.09%
Cash On Cash
2.91%
Cap Rate
0.45
DSCR
$2,174
Rent
-$1,453
Cashflow
Cash Flow
$2,174 income − $3,627 expenses = $1,453 out of pocket
Investment Breakdown
|
Purchase Price
$459k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$96,390
Downpayment
20%
$91,800
Closing costs
1%
$4,590
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,174
Total Expenses
$3,627
Mortgage P&I
113%
$2,457
Property Taxes
20%
$444
Home Insurance
7%
$161
HOA
0%
$0
Property Management
10%
$217
CapEx
5%
$109
Vacancy
6%
$130
Maintenance
5%
$109
Other
0%
$0