This property looks like a bad Long-Term investment with a projected -9.66% first-year return on $91,686 initial cash invested.
-9.66%
Cash On Cash
4.43%
Cap Rate
0.73
DSCR
$2,703
Rent
-$738
Cashflow
Cash Flow
$2,703 income − $3,441 expenses = $738 out of pocket
Investment Breakdown
|
Purchase Price
$437k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,686
Downpayment
20%
$87,320
Closing costs
1%
$4,366
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,703
Total Expenses
$3,441
Mortgage P&I
82%
$2,216
Property Taxes
13%
$359
Home Insurance
6%
$154
HOA
0%
$10
Property Management
10%
$270
CapEx
5%
$135
Vacancy
6%
$162
Maintenance
5%
$135
Other
0%
$0