This property looks like a bad Long-Term investment with a projected -12.07% first-year return on $94,962 initial cash invested.
-12.07%
Cash On Cash
4.04%
Cap Rate
0.66
DSCR
$3,374
Rent
-$955
Cashflow
Cash Flow
$3,374 income − $4,329 expenses = $955 out of pocket
Investment Breakdown
|
Purchase Price
$452k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$94,962
Downpayment
20%
$90,440
Closing costs
1%
$4,522
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,374
Total Expenses
$4,329
Mortgage P&I
68%
$2,309
Property Taxes
29%
$986
Home Insurance
5%
$157
HOA
0%
$0
Property Management
10%
$337
CapEx
5%
$169
Vacancy
6%
$202
Maintenance
5%
$169
Other
0%
$0