This property looks like a bad Long-Term investment with a projected -10.1% first-year return on $92,631 initial cash invested.
-10.1%
Cash On Cash
4.99%
Cap Rate
0.75
DSCR
$3,460
Rent
-$780
Cashflow
Cash Flow
$3,460 income − $4,240 expenses = $780 out of pocket
Investment Breakdown
|
Purchase Price
$441k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,631
Downpayment
20%
$88,220
Closing costs
1%
$4,411
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,460
Total Expenses
$4,240
Mortgage P&I
71%
$2,442
Property Taxes
21%
$740
Home Insurance
5%
$158
HOA
0%
$0
Property Management
10%
$346
CapEx
5%
$173
Vacancy
6%
$208
Maintenance
5%
$173
Other
0%
$0