This property looks like a bad Long-Term investment with a projected -12.95% first-year return on $95,697 initial cash invested.
-12.95%
Cash On Cash
3.74%
Cap Rate
0.62
DSCR
$3,036
Rent
-$1,033
Cashflow
Cash Flow
$3,036 income − $4,069 expenses = $1,033 out of pocket
Investment Breakdown
|
Purchase Price
$456k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,697
Downpayment
20%
$91,140
Closing costs
1%
$4,557
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,036
Total Expenses
$4,069
Mortgage P&I
76%
$2,301
Property Taxes
27%
$808
Home Insurance
6%
$170
HOA
0%
$0
Property Management
10%
$304
CapEx
5%
$152
Vacancy
6%
$182
Maintenance
5%
$152
Other
0%
$0