This property looks like a bad Long-Term investment with a projected -23.36% first-year return on $92,190 initial cash invested.
-23.36%
Cash On Cash
1.71%
Cap Rate
0.27
DSCR
$1,363
Rent
-$1,795
Cashflow
Cash Flow
$1,363 income − $3,158 expenses = $1,795 out of pocket
Investment Breakdown
|
Purchase Price
$439k
Downpayment
20.0%
Interest Rate
7.1%
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
$1,363
Total Expenses
$3,158
Mortgage P&I
173%
$2,352
Property Taxes
22%
$298
Home Insurance
11%
$154
HOA
0%
$0
Property Management
10%
$136
CapEx
5%
$68
Vacancy
6%
$82
Maintenance
5%
$68
Other
0%
$0