This property looks like a bad Long-Term investment with a projected -14.33% first-year return on $94,899 initial cash invested.
-14.33%
Cash On Cash
3.75%
Cap Rate
0.58
DSCR
$2,575
Rent
-$1,133
Cashflow
Cash Flow
$2,575 income − $3,708 expenses = $1,133 out of pocket
Investment Breakdown
|
Purchase Price
$452k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$94,899
Downpayment
20%
$90,380
Closing costs
1%
$4,519
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,575
Total Expenses
$3,708
Mortgage P&I
94%
$2,415
Property Taxes
18%
$465
Home Insurance
6%
$158
HOA
0%
$0
Property Management
10%
$258
CapEx
5%
$129
Vacancy
6%
$154
Maintenance
5%
$129
Other
0%
$0