This property looks like a bad Long-Term investment with a projected -9.82% first-year return on $91,854 initial cash invested.
-9.82%
Cash On Cash
4.32%
Cap Rate
0.72
DSCR
$2,554
Rent
-$752
Cashflow
Cash Flow
$2,554 income − $3,306 expenses = $752 out of pocket
Investment Breakdown
|
Purchase Price
$437k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,854
Downpayment
20%
$87,480
Closing costs
1%
$4,374
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,554
Total Expenses
$3,306
Mortgage P&I
86%
$2,197
Property Taxes
11%
$288
Home Insurance
6%
$157
HOA
0%
$0
Property Management
10%
$255
CapEx
5%
$128
Vacancy
6%
$153
Maintenance
5%
$128
Other
0%
$0