This property looks like a bad Long-Term investment with a projected -15.53% first-year return on $95,676 initial cash invested.
-15.53%
Cash On Cash
3.28%
Cap Rate
0.52
DSCR
$2,169
Rent
-$1,238
Cashflow
Cash Flow
$2,169 income − $3,407 expenses = $1,238 out of pocket
Investment Breakdown
|
Purchase Price
$456k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,676
Downpayment
20%
$91,120
Closing costs
1%
$4,556
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,169
Total Expenses
$3,407
Mortgage P&I
109%
$2,374
Property Taxes
14%
$309
Home Insurance
7%
$161
HOA
0%
$0
Property Management
10%
$217
CapEx
5%
$108
Vacancy
6%
$130
Maintenance
5%
$108
Other
0%
$0