This property looks like a bad Long-Term investment with a projected -8.86% first-year return on $92,778 initial cash invested.
-8.86%
Cash On Cash
4.63%
Cap Rate
0.76
DSCR
$2,933
Rent
-$685
Cashflow
Cash Flow
$2,933 income − $3,618 expenses = $685 out of pocket
Investment Breakdown
|
Purchase Price
$442k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,778
Downpayment
20%
$88,360
Closing costs
1%
$4,418
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,933
Total Expenses
$3,618
Mortgage P&I
77%
$2,244
Property Taxes
10%
$286
Home Insurance
5%
$158
HOA
6%
$167
Property Management
10%
$293
CapEx
5%
$147
Vacancy
6%
$176
Maintenance
5%
$147
Other
0%
$0