This property looks like a bad Long-Term investment with a projected -19.45% first-year return on $91,665 initial cash invested.
-19.45%
Cash On Cash
2.93%
Cap Rate
0.44
DSCR
$2,378
Rent
-$1,486
Cashflow
Cash Flow
$2,378 income − $3,864 expenses = $1,486 out of pocket
Investment Breakdown
|
Purchase Price
$437k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,665
Downpayment
20%
$87,300
Closing costs
1%
$4,365
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,378
Total Expenses
$3,864
Mortgage P&I
102%
$2,433
Property Taxes
28%
$663
Home Insurance
6%
$149
HOA
0%
$0
Property Management
10%
$238
CapEx
5%
$119
Vacancy
6%
$143
Maintenance
5%
$119
Other
0%
$0