This property looks like a bad Long-Term investment with a projected -15.74% first-year return on $94,899 initial cash invested.
-15.74%
Cash On Cash
3.01%
Cap Rate
0.5
DSCR
$1,932
Rent
-$1,245
Cashflow
Cash Flow
$1,932 income − $3,177 expenses = $1,245 out of pocket
Investment Breakdown
|
Purchase Price
$452k
Downpayment
20.0%
Interest Rate
6.5%
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
$1,932
Total Expenses
$3,177
Mortgage P&I
118%
$2,283
Property Taxes
12%
$227
Home Insurance
8%
$164
HOA
0%
$0
Property Management
10%
$193
CapEx
5%
$97
Vacancy
6%
$116
Maintenance
5%
$97
Other
0%
$0