This property looks like a bad Long-Term investment with a projected -17.76% first-year return on $95,655 initial cash invested.
-17.76%
Cash On Cash
3.19%
Cap Rate
0.48
DSCR
$2,209
Rent
-$1,416
Cashflow
Cash Flow
$2,209 income − $3,625 expenses = $1,416 out of pocket
Investment Breakdown
|
Purchase Price
$456k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,655
Downpayment
20%
$91,100
Closing costs
1%
$4,555
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,209
Total Expenses
$3,625
Mortgage P&I
114%
$2,517
Property Taxes
14%
$315
Home Insurance
10%
$219
HOA
0%
$0
Property Management
10%
$221
CapEx
5%
$110
Vacancy
6%
$133
Maintenance
5%
$110
Other
0%
$0