This property looks like a bad Long-Term investment with a projected -17.96% first-year return on $95,277 initial cash invested.
-17.96%
Cash On Cash
3.14%
Cap Rate
0.48
DSCR
$2,606
Rent
-$1,426
Cashflow
Cash Flow
$2,606 income − $4,032 expenses = $1,426 out of pocket
Investment Breakdown
|
Purchase Price
$454k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,277
Downpayment
20%
$90,740
Closing costs
1%
$4,537
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,606
Total Expenses
$4,032
Mortgage P&I
95%
$2,485
Property Taxes
27%
$704
Home Insurance
6%
$166
HOA
0%
$0
Property Management
10%
$261
CapEx
5%
$130
Vacancy
6%
$156
Maintenance
5%
$130
Other
0%
$0