This property looks like a bad Long-Term investment with a projected -14.7% first-year return on $91,686 initial cash invested.
-14.7%
Cash On Cash
3.28%
Cap Rate
0.54
DSCR
$1,980
Rent
-$1,123
Cashflow
Cash Flow
$1,980 income − $3,103 expenses = $1,123 out of pocket
Investment Breakdown
|
Purchase Price
$437k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,686
Downpayment
20%
$87,320
Closing costs
1%
$4,366
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,980
Total Expenses
$3,103
Mortgage P&I
112%
$2,219
Property Taxes
11%
$211
Home Insurance
8%
$158
HOA
0%
$0
Property Management
10%
$198
CapEx
5%
$99
Vacancy
6%
$119
Maintenance
5%
$99
Other
0%
$0