This property looks like a bad Long-Term investment with a projected -3.71% first-year return on $91,896 initial cash invested.
-3.71%
Cash On Cash
6.39%
Cap Rate
0.96
DSCR
$3,517
Rent
-$284
Cashflow
Cash Flow
$3,517 income − $3,801 expenses = $284 out of pocket
Investment Breakdown
|
Purchase Price
$438k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,896
Downpayment
20%
$87,520
Closing costs
1%
$4,376
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,517
Total Expenses
$3,801
Mortgage P&I
69%
$2,440
Property Taxes
8%
$287
Home Insurance
5%
$159
HOA
0%
$0
Property Management
10%
$352
CapEx
5%
$176
Vacancy
6%
$211
Maintenance
5%
$176
Other
0%
$0