This property looks like a bad Long-Term investment with a projected -10.36% first-year return on $92,526 initial cash invested.
-10.36%
Cash On Cash
4.5%
Cap Rate
0.72
DSCR
$2,931
Rent
-$799
Cashflow
Cash Flow
$2,931 income − $3,730 expenses = $799 out of pocket
Investment Breakdown
|
Purchase Price
$441k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,526
Downpayment
20%
$88,120
Closing costs
1%
$4,406
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,931
Total Expenses
$3,730
Mortgage P&I
79%
$2,303
Property Taxes
17%
$506
Home Insurance
5%
$158
HOA
0%
$0
Property Management
10%
$293
CapEx
5%
$147
Vacancy
6%
$176
Maintenance
5%
$147
Other
0%
$0