This property looks like a bad Long-Term investment with a projected -6.83% first-year return on $92,127 initial cash invested.
-6.83%
Cash On Cash
5.36%
Cap Rate
0.84
DSCR
$3,239
Rent
-$524
Cashflow
Cash Flow
$3,239 income − $3,763 expenses = $524 out of pocket
Investment Breakdown
|
Purchase Price
$439k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,127
Downpayment
20%
$87,740
Closing costs
1%
$4,387
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,239
Total Expenses
$3,763
Mortgage P&I
72%
$2,323
Property Taxes
14%
$444
Home Insurance
5%
$154
HOA
0%
$0
Property Management
10%
$324
CapEx
5%
$162
Vacancy
6%
$194
Maintenance
5%
$162
Other
0%
$0