This property looks like a bad Long-Term investment with a projected -11.94% first-year return on $92,463 initial cash invested.
-11.94%
Cash On Cash
4.49%
Cap Rate
0.68
DSCR
$3,005
Rent
-$920
Cashflow
Cash Flow
$3,005 income − $3,925 expenses = $920 out of pocket
Investment Breakdown
|
Purchase Price
$440k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,463
Downpayment
20%
$88,060
Closing costs
1%
$4,403
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,005
Total Expenses
$3,925
Mortgage P&I
80%
$2,418
Property Taxes
19%
$573
Home Insurance
5%
$154
HOA
0%
$0
Property Management
10%
$300
CapEx
5%
$150
Vacancy
6%
$180
Maintenance
5%
$150
Other
0%
$0