This property looks like a bad Long-Term investment with a projected -15.81% first-year return on $92,232 initial cash invested.
-15.81%
Cash On Cash
3.33%
Cap Rate
0.52
DSCR
$1,966
Rent
-$1,215
Cashflow
Cash Flow
$1,966 income − $3,181 expenses = $1,215 out of pocket
Investment Breakdown
|
Purchase Price
$439k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,232
Downpayment
20%
$87,840
Closing costs
1%
$4,392
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,966
Total Expenses
$3,181
Mortgage P&I
119%
$2,337
Property Taxes
9%
$175
Home Insurance
8%
$158
HOA
0%
$0
Property Management
10%
$197
CapEx
5%
$98
Vacancy
6%
$118
Maintenance
5%
$98
Other
0%
$0