This property looks like a bad Long-Term investment with a projected -11.52% first-year return on $89,250 initial cash invested.
-11.52%
Cash On Cash
4.73%
Cap Rate
0.71
DSCR
$3,261
Rent
-$857
Cashflow
Cash Flow
$3,261 income − $4,118 expenses = $857 out of pocket
Investment Breakdown
|
Purchase Price
$425k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,250
Downpayment
20%
$85,000
Closing costs
1%
$4,250
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,261
Total Expenses
$4,118
Mortgage P&I
73%
$2,369
Property Taxes
23%
$752
Home Insurance
5%
$149
HOA
0%
$0
Property Management
10%
$326
CapEx
5%
$163
Vacancy
6%
$196
Maintenance
5%
$163
Other
0%
$0