This property looks like a bad Long-Term investment with a projected -11.08% first-year return on $92,673 initial cash invested.
-11.08%
Cash On Cash
4.25%
Cap Rate
0.68
DSCR
$2,663
Rent
-$856
Cashflow
Cash Flow
$2,663 income − $3,519 expenses = $856 out of pocket
Investment Breakdown
|
Purchase Price
$441k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,673
Downpayment
20%
$88,260
Closing costs
1%
$4,413
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,663
Total Expenses
$3,519
Mortgage P&I
86%
$2,287
Property Taxes
14%
$386
Home Insurance
6%
$154
HOA
0%
$0
Property Management
10%
$266
CapEx
5%
$133
Vacancy
6%
$160
Maintenance
5%
$133
Other
0%
$0