This property looks like a bad Long-Term investment with a projected -9.62% first-year return on $94,962 initial cash invested.
-9.62%
Cash On Cash
4.67%
Cap Rate
0.74
DSCR
$3,159
Rent
-$761
Cashflow
Cash Flow
$3,159 income − $3,920 expenses = $761 out of pocket
Investment Breakdown
|
Purchase Price
$452k
Downpayment
20.0%
Interest Rate
6.8%
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
$3,159
Total Expenses
$3,920
Mortgage P&I
75%
$2,361
Property Taxes
18%
$580
Home Insurance
5%
$157
HOA
0%
$0
Property Management
10%
$316
CapEx
5%
$158
Vacancy
6%
$190
Maintenance
5%
$158
Other
0%
$0