This property looks like a bad Long-Term investment with a projected -18.04% first-year return on $89,250 initial cash invested.
-18.04%
Cash On Cash
3.12%
Cap Rate
0.47
DSCR
$2,166
Rent
-$1,342
Cashflow
Cash Flow
$2,166 income − $3,508 expenses = $1,342 out of pocket
Investment Breakdown
|
Purchase Price
$425k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,250
Downpayment
20%
$85,000
Closing costs
1%
$4,250
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,166
Total Expenses
$3,508
Mortgage P&I
108%
$2,340
Property Taxes
21%
$456
Home Insurance
7%
$149
HOA
0%
$0
Property Management
10%
$217
CapEx
5%
$108
Vacancy
6%
$130
Maintenance
5%
$108
Other
0%
$0