This property looks like a bad Long-Term investment with a projected -17.12% first-year return on $89,227 initial cash invested.
-17.12%
Cash On Cash
2.84%
Cap Rate
0.46
DSCR
$2,119
Rent
-$1,273
Cashflow
Cash Flow
$2,119 income − $3,392 expenses = $1,273 out of pocket
Investment Breakdown
|
Purchase Price
$425k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,227
Downpayment
20%
$84,978
Closing costs
1%
$4,249
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,119
Total Expenses
$3,392
Mortgage P&I
103%
$2,174
Property Taxes
24%
$518
Home Insurance
7%
$149
HOA
0%
$0
Property Management
10%
$212
CapEx
5%
$106
Vacancy
6%
$127
Maintenance
5%
$106
Other
0%
$0