This property looks like a bad Long-Term investment with a projected -13.99% first-year return on $92,610 initial cash invested.
-13.99%
Cash On Cash
4.01%
Cap Rate
0.61
DSCR
$2,445
Rent
-$1,080
Cashflow
Cash Flow
$2,445 income − $3,525 expenses = $1,080 out of pocket
Investment Breakdown
|
Purchase Price
$441k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,610
Downpayment
20%
$88,200
Closing costs
1%
$4,410
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,445
Total Expenses
$3,525
Mortgage P&I
99%
$2,431
Property Taxes
13%
$309
Home Insurance
6%
$150
HOA
0%
$0
Property Management
10%
$244
CapEx
5%
$122
Vacancy
6%
$147
Maintenance
5%
$122
Other
0%
$0