This property looks like a bad Long-Term investment with a projected -13.82% first-year return on $92,211 initial cash invested.
-13.82%
Cash On Cash
4.06%
Cap Rate
0.62
DSCR
$2,711
Rent
-$1,062
Cashflow
Cash Flow
$2,711 income − $3,773 expenses = $1,062 out of pocket
Investment Breakdown
|
Purchase Price
$439k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,211
Downpayment
20%
$87,820
Closing costs
1%
$4,391
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,711
Total Expenses
$3,773
Mortgage P&I
89%
$2,411
Property Taxes
18%
$498
Home Insurance
6%
$158
HOA
0%
$0
Property Management
10%
$271
CapEx
5%
$136
Vacancy
6%
$163
Maintenance
5%
$136
Other
0%
$0