This property looks like a bad Long-Term investment with a projected -14.31% first-year return on $92,925 initial cash invested.
-14.31%
Cash On Cash
4.06%
Cap Rate
0.6
DSCR
$2,508
Rent
-$1,108
Cashflow
Cash Flow
$2,508 income − $3,616 expenses = $1,108 out of pocket
Investment Breakdown
|
Purchase Price
$443k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,925
Downpayment
20%
$88,500
Closing costs
1%
$4,425
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,508
Total Expenses
$3,616
Mortgage P&I
99%
$2,481
Property Taxes
13%
$317
Home Insurance
6%
$154
HOA
1%
$13
Property Management
10%
$251
CapEx
5%
$125
Vacancy
6%
$150
Maintenance
5%
$125
Other
0%
$0