This property looks like a bad Long-Term investment with a projected -13.72% first-year return on $91,812 initial cash invested.
-13.72%
Cash On Cash
3.99%
Cap Rate
0.61
DSCR
$2,584
Rent
-$1,050
Cashflow
Cash Flow
$2,584 income − $3,634 expenses = $1,050 out of pocket
Investment Breakdown
|
Purchase Price
$437k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,812
Downpayment
20%
$87,440
Closing costs
1%
$4,372
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,584
Total Expenses
$3,634
Mortgage P&I
92%
$2,375
Property Taxes
17%
$443
Home Insurance
6%
$145
HOA
0%
$0
Property Management
10%
$258
CapEx
5%
$129
Vacancy
6%
$155
Maintenance
5%
$129
Other
0%
$0