This property looks like a bad Long-Term investment with a projected -17.18% first-year return on $93,135 initial cash invested.
-17.18%
Cash On Cash
2.84%
Cap Rate
0.46
DSCR
$1,694
Rent
-$1,333
Cashflow
Cash Flow
$1,694 income − $3,027 expenses = $1,333 out of pocket
Investment Breakdown
|
Purchase Price
$444k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$93,135
Downpayment
20%
$88,700
Closing costs
1%
$4,435
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,694
Total Expenses
$3,027
Mortgage P&I
136%
$2,298
Property Taxes
8%
$133
Home Insurance
9%
$155
HOA
0%
$0
Property Management
10%
$169
CapEx
5%
$85
Vacancy
6%
$102
Maintenance
5%
$85
Other
0%
$0