This property looks like a bad Long-Term investment with a projected -11.42% first-year return on $95,004 initial cash invested.
-11.42%
Cash On Cash
3.98%
Cap Rate
0.66
DSCR
$2,762
Rent
-$904
Cashflow
Cash Flow
$2,762 income − $3,666 expenses = $904 out of pocket
Investment Breakdown
|
Purchase Price
$452k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,004
Downpayment
20%
$90,480
Closing costs
1%
$4,524
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,762
Total Expenses
$3,666
Mortgage P&I
82%
$2,266
Property Taxes
19%
$524
Home Insurance
6%
$158
HOA
0%
$0
Property Management
10%
$276
CapEx
5%
$138
Vacancy
6%
$166
Maintenance
5%
$138
Other
0%
$0