This property looks like a bad Long-Term investment with a projected -12.82% first-year return on $92,484 initial cash invested.
-12.82%
Cash On Cash
4.26%
Cap Rate
0.65
DSCR
$3,146
Rent
-$988
Cashflow
Cash Flow
$3,146 income − $4,134 expenses = $988 out of pocket
Investment Breakdown
|
Purchase Price
$440k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,484
Downpayment
20%
$88,080
Closing costs
1%
$4,404
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,146
Total Expenses
$4,134
Mortgage P&I
76%
$2,396
Property Taxes
22%
$694
Home Insurance
5%
$158
HOA
2%
$68
Property Management
10%
$315
CapEx
5%
$157
Vacancy
6%
$189
Maintenance
5%
$157
Other
0%
$0