This property looks like a bad Long-Term investment with a projected -13.22% first-year return on $95,098 initial cash invested.
-13.22%
Cash On Cash
4.12%
Cap Rate
0.63
DSCR
$2,566
Rent
-$1,048
Cashflow
Cash Flow
$2,566 income − $3,614 expenses = $1,048 out of pocket
Investment Breakdown
|
Purchase Price
$453k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,098
Downpayment
20%
$90,570
Closing costs
1%
$4,528
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,566
Total Expenses
$3,614
Mortgage P&I
96%
$2,475
Property Taxes
11%
$294
Home Insurance
6%
$158
HOA
1%
$20
Property Management
10%
$257
CapEx
5%
$128
Vacancy
6%
$154
Maintenance
5%
$128
Other
0%
$0