This property looks like a bad Long-Term investment with a projected -18.68% first-year return on $96,411 initial cash invested.
-18.68%
Cash On Cash
2.89%
Cap Rate
0.44
DSCR
$1,777
Rent
-$1,501
Cashflow
Cash Flow
$1,777 income − $3,278 expenses = $1,501 out of pocket
Investment Breakdown
|
Purchase Price
$459k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$96,411
Downpayment
20%
$91,820
Closing costs
1%
$4,591
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,777
Total Expenses
$3,278
Mortgage P&I
142%
$2,516
Property Taxes
7%
$131
Home Insurance
9%
$168
HOA
0%
$0
Property Management
10%
$178
CapEx
5%
$89
Vacancy
6%
$107
Maintenance
5%
$89
Other
0%
$0