This property looks like a bad Long-Term investment with a projected -16.01% first-year return on $92,568 initial cash invested.
-16.01%
Cash On Cash
3.43%
Cap Rate
0.54
DSCR
$3,031
Rent
-$1,235
Cashflow
Cash Flow
$3,031 income − $4,266 expenses = $1,235 out of pocket
Investment Breakdown
|
Purchase Price
$441k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,568
Downpayment
20%
$88,160
Closing costs
1%
$4,408
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,031
Total Expenses
$4,266
Mortgage P&I
77%
$2,343
Property Taxes
29%
$877
Home Insurance
8%
$257
HOA
0%
$0
Property Management
10%
$303
CapEx
5%
$152
Vacancy
6%
$182
Maintenance
5%
$152
Other
0%
$0