This property looks like a bad Long-Term investment with a projected -13.89% first-year return on $92,757 initial cash invested.
-13.89%
Cash On Cash
4.18%
Cap Rate
0.62
DSCR
$2,843
Rent
-$1,074
Cashflow
Cash Flow
$2,843 income − $3,917 expenses = $1,074 out of pocket
Investment Breakdown
|
Purchase Price
$442k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,757
Downpayment
20%
$88,340
Closing costs
1%
$4,417
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,843
Total Expenses
$3,917
Mortgage P&I
87%
$2,471
Property Taxes
19%
$550
Home Insurance
6%
$157
HOA
0%
$0
Property Management
10%
$284
CapEx
5%
$142
Vacancy
6%
$171
Maintenance
5%
$142
Other
0%
$0