This property looks like a bad Long-Term investment with a projected -9.47% first-year return on $89,250 initial cash invested.
-9.47%
Cash On Cash
4.69%
Cap Rate
0.75
DSCR
$2,923
Rent
-$704
Cashflow
Cash Flow
$2,923 income − $3,627 expenses = $704 out of pocket
Investment Breakdown
|
Purchase Price
$425k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,250
Downpayment
20%
$85,000
Closing costs
1%
$4,250
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,923
Total Expenses
$3,627
Mortgage P&I
76%
$2,219
Property Taxes
17%
$500
Home Insurance
5%
$149
HOA
0%
$0
Property Management
10%
$292
CapEx
5%
$146
Vacancy
6%
$175
Maintenance
5%
$146
Other
0%
$0