This property looks like a bad Long-Term investment with a projected -14.81% first-year return on $93,177 initial cash invested.
-14.81%
Cash On Cash
3.3%
Cap Rate
0.54
DSCR
$1,871
Rent
-$1,150
Cashflow
Cash Flow
$1,871 income − $3,021 expenses = $1,150 out of pocket
Investment Breakdown
|
Purchase Price
$444k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$93,177
Downpayment
20%
$88,740
Closing costs
1%
$4,437
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,871
Total Expenses
$3,021
Mortgage P&I
122%
$2,275
Property Taxes
5%
$101
Home Insurance
8%
$158
HOA
0%
$0
Property Management
10%
$187
CapEx
5%
$94
Vacancy
6%
$112
Maintenance
5%
$94
Other
0%
$0