This property looks like a bad Long-Term investment with a projected -13.97% first-year return on $95,340 initial cash invested.
-13.97%
Cash On Cash
3.48%
Cap Rate
0.57
DSCR
$2,052
Rent
-$1,110
Cashflow
Cash Flow
$2,052 income − $3,162 expenses = $1,110 out of pocket
Investment Breakdown
|
Purchase Price
$454k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,340
Downpayment
20%
$90,800
Closing costs
1%
$4,540
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,052
Total Expenses
$3,162
Mortgage P&I
113%
$2,324
Property Taxes
7%
$140
Home Insurance
8%
$164
HOA
0%
$0
Property Management
10%
$205
CapEx
5%
$103
Vacancy
6%
$123
Maintenance
5%
$103
Other
0%
$0