This property looks like a bad Long-Term investment with a projected -14.6% first-year return on $91,707 initial cash invested.
-14.6%
Cash On Cash
3.84%
Cap Rate
0.58
DSCR
$2,355
Rent
-$1,116
Cashflow
Cash Flow
$2,355 income − $3,471 expenses = $1,116 out of pocket
Investment Breakdown
|
Purchase Price
$437k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,707
Downpayment
20%
$87,340
Closing costs
1%
$4,367
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,355
Total Expenses
$3,471
Mortgage P&I
102%
$2,395
Property Taxes
13%
$307
Home Insurance
7%
$156
HOA
0%
$0
Property Management
10%
$236
CapEx
5%
$118
Vacancy
6%
$141
Maintenance
5%
$118
Other
0%
$0