This property looks like a bad Long-Term investment with a projected -13.94% first-year return on $92,190 initial cash invested.
-13.94%
Cash On Cash
3.82%
Cap Rate
0.6
DSCR
$2,684
Rent
-$1,071
Cashflow
Cash Flow
$2,684 income − $3,755 expenses = $1,071 out of pocket
Investment Breakdown
|
Purchase Price
$439k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,190
Downpayment
20%
$87,800
Closing costs
1%
$4,390
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,684
Total Expenses
$3,755
Mortgage P&I
87%
$2,336
Property Taxes
21%
$569
Home Insurance
6%
$153
HOA
0%
$0
Property Management
10%
$268
CapEx
5%
$134
Vacancy
6%
$161
Maintenance
5%
$134
Other
0%
$0