This property looks like a bad Long-Term investment with a projected -15.58% first-year return on $96,831 initial cash invested.
-15.58%
Cash On Cash
3.66%
Cap Rate
0.55
DSCR
$2,509
Rent
-$1,257
Cashflow
Cash Flow
$2,509 income − $3,766 expenses = $1,257 out of pocket
Investment Breakdown
|
Purchase Price
$461k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$96,831
Downpayment
20%
$92,220
Closing costs
1%
$4,611
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,509
Total Expenses
$3,766
Mortgage P&I
101%
$2,540
Property Taxes
15%
$385
Home Insurance
7%
$168
HOA
1%
$21
Property Management
10%
$251
CapEx
5%
$125
Vacancy
6%
$151
Maintenance
5%
$125
Other
0%
$0