This property looks like a bad Long-Term investment with a projected -18.03% first-year return on $95,361 initial cash invested.
-18.03%
Cash On Cash
2.74%
Cap Rate
0.44
DSCR
$2,523
Rent
-$1,433
Cashflow
Cash Flow
$2,523 income − $3,956 expenses = $1,433 out of pocket
Investment Breakdown
|
Purchase Price
$454k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,361
Downpayment
20%
$90,820
Closing costs
1%
$4,541
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,523
Total Expenses
$3,956
Mortgage P&I
93%
$2,345
Property Taxes
32%
$797
Home Insurance
6%
$159
HOA
0%
$0
Property Management
10%
$252
CapEx
5%
$126
Vacancy
6%
$151
Maintenance
5%
$126
Other
0%
$0