This property looks like a bad Long-Term investment with a projected -12.53% first-year return on $92,190 initial cash invested.
-12.53%
Cash On Cash
4.2%
Cap Rate
0.64
DSCR
$2,213
Rent
-$963
Cashflow
Cash Flow
$2,213 income − $3,176 expenses = $963 out of pocket
Investment Breakdown
|
Purchase Price
$439k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,190
Downpayment
20%
$87,800
Closing costs
1%
$4,390
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,213
Total Expenses
$3,176
Mortgage P&I
108%
$2,387
Property Taxes
3%
$59
Home Insurance
7%
$154
HOA
0%
$0
Property Management
10%
$221
CapEx
5%
$111
Vacancy
6%
$133
Maintenance
5%
$111
Other
0%
$0