This property looks like a bad Long-Term investment with a projected -15.77% first-year return on $92,274 initial cash invested.
-15.77%
Cash On Cash
3.57%
Cap Rate
0.55
DSCR
$2,513
Rent
-$1,213
Cashflow
Cash Flow
$2,513 income − $3,726 expenses = $1,213 out of pocket
Investment Breakdown
|
Purchase Price
$439k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,274
Downpayment
20%
$87,880
Closing costs
1%
$4,394
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,513
Total Expenses
$3,726
Mortgage P&I
95%
$2,395
Property Taxes
21%
$520
Home Insurance
6%
$157
HOA
0%
$0
Property Management
10%
$251
CapEx
5%
$126
Vacancy
6%
$151
Maintenance
5%
$126
Other
0%
$0