This property looks like a bad Long-Term investment with a projected -13.68% first-year return on $95,445 initial cash invested.
-13.68%
Cash On Cash
3.55%
Cap Rate
0.58
DSCR
$2,318
Rent
-$1,088
Cashflow
Cash Flow
$2,318 income − $3,406 expenses = $1,088 out of pocket
Investment Breakdown
|
Purchase Price
$455k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,445
Downpayment
20%
$90,900
Closing costs
1%
$4,545
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,318
Total Expenses
$3,406
Mortgage P&I
100%
$2,316
Property Taxes
14%
$328
Home Insurance
7%
$159
HOA
0%
$0
Property Management
10%
$232
CapEx
5%
$116
Vacancy
6%
$139
Maintenance
5%
$116
Other
0%
$0