This property looks like a bad Long-Term investment with a projected -13.58% first-year return on $95,634 initial cash invested.
-13.58%
Cash On Cash
4.08%
Cap Rate
0.62
DSCR
$3,034
Rent
-$1,082
Cashflow
Cash Flow
$3,034 income − $4,116 expenses = $1,082 out of pocket
Investment Breakdown
|
Purchase Price
$455k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,634
Downpayment
20%
$91,080
Closing costs
1%
$4,554
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,034
Total Expenses
$4,116
Mortgage P&I
82%
$2,479
Property Taxes
23%
$689
Home Insurance
5%
$159
HOA
0%
$0
Property Management
10%
$303
CapEx
5%
$152
Vacancy
6%
$182
Maintenance
5%
$152
Other
0%
$0