This property looks like a bad Long-Term investment with a projected -14.76% first-year return on $93,093 initial cash invested.
-14.76%
Cash On Cash
3.82%
Cap Rate
0.58
DSCR
$2,540
Rent
-$1,145
Cashflow
Cash Flow
$2,540 income − $3,685 expenses = $1,145 out of pocket
Investment Breakdown
|
Purchase Price
$443k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$93,093
Downpayment
20%
$88,660
Closing costs
1%
$4,433
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,540
Total Expenses
$3,685
Mortgage P&I
96%
$2,431
Property Taxes
17%
$436
Home Insurance
6%
$158
HOA
0%
$0
Property Management
10%
$254
CapEx
5%
$127
Vacancy
6%
$152
Maintenance
5%
$127
Other
0%
$0