This property looks like a bad Long-Term investment with a projected -8.65% first-year return on $92,841 initial cash invested.
-8.65%
Cash On Cash
4.62%
Cap Rate
0.76
DSCR
$2,703
Rent
-$669
Cashflow
Cash Flow
$2,703 income − $3,372 expenses = $669 out of pocket
Investment Breakdown
|
Purchase Price
$442k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,841
Downpayment
20%
$88,420
Closing costs
1%
$4,421
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,703
Total Expenses
$3,372
Mortgage P&I
83%
$2,237
Property Taxes
10%
$276
Home Insurance
6%
$157
HOA
0%
$0
Property Management
10%
$270
CapEx
5%
$135
Vacancy
6%
$162
Maintenance
5%
$135
Other
0%
$0