This property looks like a bad Long-Term investment with a projected -21.49% first-year return on $92,526 initial cash invested.
-21.49%
Cash On Cash
2.3%
Cap Rate
0.35
DSCR
$1,745
Rent
-$1,657
Cashflow
Cash Flow
$1,745 income − $3,402 expenses = $1,657 out of pocket
Investment Breakdown
|
Purchase Price
$441k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,526
Downpayment
20%
$88,120
Closing costs
1%
$4,406
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,745
Total Expenses
$3,402
Mortgage P&I
138%
$2,413
Property Taxes
21%
$375
Home Insurance
9%
$161
HOA
0%
$0
Property Management
10%
$174
CapEx
5%
$87
Vacancy
6%
$105
Maintenance
5%
$87
Other
0%
$0