This property looks like a bad Long-Term investment with a projected -16.06% first-year return on $93,450 initial cash invested.
-16.06%
Cash On Cash
3.52%
Cap Rate
0.54
DSCR
$2,359
Rent
-$1,251
Cashflow
Cash Flow
$2,359 income − $3,610 expenses = $1,251 out of pocket
Investment Breakdown
|
Purchase Price
$445k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$93,450
Downpayment
20%
$89,000
Closing costs
1%
$4,450
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,359
Total Expenses
$3,610
Mortgage P&I
103%
$2,437
Property Taxes
17%
$403
Home Insurance
7%
$156
HOA
0%
$0
Property Management
10%
$236
CapEx
5%
$118
Vacancy
6%
$142
Maintenance
5%
$118
Other
0%
$0