This property looks like a bad Long-Term investment with a projected -11.91% first-year return on $91,854 initial cash invested.
-11.91%
Cash On Cash
4.5%
Cap Rate
0.68
DSCR
$3,055
Rent
-$912
Cashflow
Cash Flow
$3,055 income − $3,967 expenses = $912 out of pocket
Investment Breakdown
|
Purchase Price
$437k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,854
Downpayment
20%
$87,480
Closing costs
1%
$4,374
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,055
Total Expenses
$3,967
Mortgage P&I
78%
$2,398
Property Taxes
18%
$558
Home Insurance
5%
$156
HOA
2%
$60
Property Management
10%
$306
CapEx
5%
$153
Vacancy
6%
$183
Maintenance
5%
$153
Other
0%
$0