This property looks like a bad Long-Term investment with a projected -15.01% first-year return on $92,190 initial cash invested.
-15.01%
Cash On Cash
3.64%
Cap Rate
0.56
DSCR
$2,253
Rent
-$1,153
Cashflow
Cash Flow
$2,253 income − $3,406 expenses = $1,153 out of pocket
Investment Breakdown
|
Purchase Price
$439k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,190
Downpayment
20%
$87,800
Closing costs
1%
$4,390
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,253
Total Expenses
$3,406
Mortgage P&I
105%
$2,370
Property Taxes
13%
$296
Home Insurance
7%
$154
HOA
0%
$0
Property Management
10%
$225
CapEx
5%
$113
Vacancy
6%
$135
Maintenance
5%
$113
Other
0%
$0