This property looks like a bad Long-Term investment with a projected -11.46% first-year return on $92,379 initial cash invested.
-11.46%
Cash On Cash
4.68%
Cap Rate
0.7
DSCR
$3,133
Rent
-$882
Cashflow
Cash Flow
$3,133 income − $4,015 expenses = $882 out of pocket
Investment Breakdown
|
Purchase Price
$440k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,379
Downpayment
20%
$87,980
Closing costs
1%
$4,399
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,133
Total Expenses
$4,015
Mortgage P&I
78%
$2,440
Property Taxes
19%
$606
Home Insurance
5%
$154
HOA
0%
$0
Property Management
10%
$313
CapEx
5%
$157
Vacancy
6%
$188
Maintenance
5%
$157
Other
0%
$0