This property looks like a bad Long-Term investment with a projected -7.78% first-year return on $95,739 initial cash invested.
-7.78%
Cash On Cash
5.29%
Cap Rate
0.81
DSCR
$3,162
Rent
-$621
Cashflow
Cash Flow
$3,162 income − $3,783 expenses = $621 out of pocket
Investment Breakdown
|
Purchase Price
$456k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,739
Downpayment
20%
$91,180
Closing costs
1%
$4,559
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,162
Total Expenses
$3,783
Mortgage P&I
78%
$2,474
Property Taxes
12%
$365
Home Insurance
4%
$122
HOA
0%
$0
Property Management
10%
$316
CapEx
5%
$158
Vacancy
6%
$190
Maintenance
5%
$158
Other
0%
$0