This property looks like a bad Long-Term investment with a projected -14.69% first-year return on $92,253 initial cash invested.
-14.69%
Cash On Cash
3.85%
Cap Rate
0.59
DSCR
$2,664
Rent
-$1,129
Cashflow
Cash Flow
$2,664 income − $3,793 expenses = $1,129 out of pocket
Investment Breakdown
|
Purchase Price
$439k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,253
Downpayment
20%
$87,860
Closing costs
1%
$4,393
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,664
Total Expenses
$3,793
Mortgage P&I
90%
$2,406
Property Taxes
20%
$531
Home Insurance
6%
$164
HOA
0%
$0
Property Management
10%
$266
CapEx
5%
$133
Vacancy
6%
$160
Maintenance
5%
$133
Other
0%
$0