This property looks like a bad Long-Term investment with a projected -19.69% first-year return on $92,190 initial cash invested.
-19.69%
Cash On Cash
2.85%
Cap Rate
0.43
DSCR
$2,333
Rent
-$1,513
Cashflow
Cash Flow
$2,333 income − $3,846 expenses = $1,513 out of pocket
Investment Breakdown
|
Purchase Price
$439k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,190
Downpayment
20%
$87,800
Closing costs
1%
$4,390
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,333
Total Expenses
$3,846
Mortgage P&I
105%
$2,439
Property Taxes
28%
$646
Home Insurance
7%
$154
HOA
0%
$0
Property Management
10%
$233
CapEx
5%
$117
Vacancy
6%
$140
Maintenance
5%
$117
Other
0%
$0