This property looks like a bad Long-Term investment with a projected -11.18% first-year return on $92,232 initial cash invested.
-11.18%
Cash On Cash
4.11%
Cap Rate
0.67
DSCR
$2,339
Rent
-$859
Cashflow
Cash Flow
$2,339 income − $3,198 expenses = $859 out of pocket
Investment Breakdown
|
Purchase Price
$439k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,232
Downpayment
20%
$87,840
Closing costs
1%
$4,392
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,339
Total Expenses
$3,198
Mortgage P&I
96%
$2,245
Property Taxes
7%
$162
Home Insurance
7%
$158
HOA
1%
$25
Property Management
10%
$234
CapEx
5%
$117
Vacancy
6%
$140
Maintenance
5%
$117
Other
0%
$0