This property looks like a bad Long-Term investment with a projected -13.66% first-year return on $92,064 initial cash invested.
-13.66%
Cash On Cash
4.09%
Cap Rate
0.62
DSCR
$2,769
Rent
-$1,048
Cashflow
Cash Flow
$2,769 income − $3,817 expenses = $1,048 out of pocket
Investment Breakdown
|
Purchase Price
$438k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,064
Downpayment
20%
$87,680
Closing costs
1%
$4,384
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,769
Total Expenses
$3,817
Mortgage P&I
87%
$2,404
Property Taxes
16%
$436
Home Insurance
6%
$175
HOA
3%
$83
Property Management
10%
$277
CapEx
5%
$138
Vacancy
6%
$166
Maintenance
5%
$138
Other
0%
$0