This property looks like a bad Long-Term investment with a projected -12.51% first-year return on $92,778 initial cash invested.
-12.51%
Cash On Cash
4.33%
Cap Rate
0.66
DSCR
$2,789
Rent
-$967
Cashflow
Cash Flow
$2,789 income − $3,756 expenses = $967 out of pocket
Investment Breakdown
|
Purchase Price
$442k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,778
Downpayment
20%
$88,360
Closing costs
1%
$4,418
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,789
Total Expenses
$3,756
Mortgage P&I
87%
$2,422
Property Taxes
15%
$412
Home Insurance
7%
$198
HOA
0%
$0
Property Management
10%
$279
CapEx
5%
$139
Vacancy
6%
$167
Maintenance
5%
$139
Other
0%
$0