This property looks like a bad Long-Term investment with a projected -16.82% first-year return on $92,169 initial cash invested.
-16.82%
Cash On Cash
3.24%
Cap Rate
0.5
DSCR
$2,227
Rent
-$1,292
Cashflow
Cash Flow
$2,227 income − $3,519 expenses = $1,292 out of pocket
Investment Breakdown
|
Purchase Price
$439k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,169
Downpayment
20%
$87,780
Closing costs
1%
$4,389
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,227
Total Expenses
$3,519
Mortgage P&I
106%
$2,365
Property Taxes
16%
$363
Home Insurance
7%
$150
HOA
3%
$62
Property Management
10%
$223
CapEx
5%
$111
Vacancy
6%
$134
Maintenance
5%
$111
Other
0%
$0