This property looks like a bad Long-Term investment with a projected -5.61% first-year return on $92,799 initial cash invested.
-5.61%
Cash On Cash
5.66%
Cap Rate
0.89
DSCR
$3,511
Rent
-$434
Cashflow
Cash Flow
$3,511 income − $3,945 expenses = $434 out of pocket
Investment Breakdown
|
Purchase Price
$442k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,799
Downpayment
20%
$88,380
Closing costs
1%
$4,419
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,511
Total Expenses
$3,945
Mortgage P&I
67%
$2,342
Property Taxes
14%
$501
Home Insurance
5%
$158
HOA
1%
$30
Property Management
10%
$351
CapEx
5%
$176
Vacancy
6%
$211
Maintenance
5%
$176
Other
0%
$0