This property looks like a bad Long-Term investment with a projected -10.31% first-year return on $92,148 initial cash invested.
-10.31%
Cash On Cash
4.33%
Cap Rate
0.71
DSCR
$2,731
Rent
-$792
Cashflow
Cash Flow
$2,731 income − $3,523 expenses = $792 out of pocket
Investment Breakdown
|
Purchase Price
$439k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,148
Downpayment
20%
$87,760
Closing costs
1%
$4,388
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,731
Total Expenses
$3,523
Mortgage P&I
82%
$2,238
Property Taxes
16%
$434
Home Insurance
5%
$140
HOA
0%
$0
Property Management
10%
$273
CapEx
5%
$137
Vacancy
6%
$164
Maintenance
5%
$137
Other
0%
$0