This property looks like a bad Long-Term investment with a projected -3.51% first-year return on $93,009 initial cash invested.
-3.51%
Cash On Cash
5.88%
Cap Rate
0.96
DSCR
$3,460
Rent
-$272
Cashflow
Cash Flow
$3,460 income − $3,732 expenses = $272 out of pocket
Investment Breakdown
|
Purchase Price
$443k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$93,009
Downpayment
20%
$88,580
Closing costs
1%
$4,429
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,460
Total Expenses
$3,732
Mortgage P&I
66%
$2,269
Property Taxes
13%
$441
Home Insurance
4%
$122
HOA
0%
$0
Property Management
10%
$346
CapEx
5%
$173
Vacancy
6%
$208
Maintenance
5%
$173
Other
0%
$0