This property looks like a bad Long-Term investment with a projected -15.99% first-year return on $93,450 initial cash invested.
-15.99%
Cash On Cash
3.62%
Cap Rate
0.54
DSCR
$2,182
Rent
-$1,245
Cashflow
Cash Flow
$2,182 income − $3,427 expenses = $1,245 out of pocket
Investment Breakdown
|
Purchase Price
$445k
Downpayment
20.0%
Interest Rate
7.5%
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
$2,182
Total Expenses
$3,427
Mortgage P&I
114%
$2,478
Property Taxes
10%
$226
Home Insurance
7%
$156
HOA
0%
$0
Property Management
10%
$218
CapEx
5%
$109
Vacancy
6%
$131
Maintenance
5%
$109
Other
0%
$0