This property looks like a bad Long-Term investment with a projected -20.11% first-year return on $92,379 initial cash invested.
-20.11%
Cash On Cash
2.45%
Cap Rate
0.38
DSCR
$1,722
Rent
-$1,548
Cashflow
Cash Flow
$1,722 income − $3,270 expenses = $1,548 out of pocket
Investment Breakdown
|
Purchase Price
$440k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,379
Downpayment
20%
$87,980
Closing costs
1%
$4,399
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,722
Total Expenses
$3,270
Mortgage P&I
137%
$2,359
Property Taxes
18%
$310
Home Insurance
9%
$154
HOA
0%
$0
Property Management
10%
$172
CapEx
5%
$86
Vacancy
6%
$103
Maintenance
5%
$86
Other
0%
$0